What is the total amount to be budgeted for manufacturing


Lewis Production is planning to sell 220 boxes of bricks and produce 200 boxes of bricks during May. Each box of bricks requires 20 pounds of brick  mix and a half hour of direct labor. Brick mix costs $5 per 100 pounds and  employees of the company are paid $12.00 per hour. Manufacturing overhead  is applied at a rate of 120% of direct labor costs. Lewis Production has 600  pounds of brick mix in beginning inventory and wants to have 800 pounds of brick mix in ending inventory. What is the total amount to be budgeted for manufacturing overhead for the month?

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Accounting Basics: What is the total amount to be budgeted for manufacturing
Reference No:- TGS069450

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