Construct the MOH budgetYear 2 Quarter14YearBudgeted direct labor-hoursVariable manufacturing overhead rateTotal variable manufacturing overheadTotal fixed manufacturing overheadTotal manufacturing overheadLess depreciationCash disbursements for manufacturing overhead??????????????$60,000$60,000$60,000$60,000$240,000????15,00015,00015,00015,000$60,000???Total manufacturing overhead (a)Budgeted direct labor-hours (b)Predetermined overhead rate for the year (a)÷(b)??? DataYear 2 QuarterYear 3 Quarter123412Budgeted unit sales40,00060,000100,00050,00070,00080,000• Selling price per unit• Accounts receivable, beginning balance• Sales collected in the quarter sales are made• Sales collected in the quarter after sales are made• Desired ending finished goods inventory is• Finished goods inventory, beginning• Raw materials required to produce one unit• Desired ending inventory of raw materials is• Raw materials inventory, beginning• Raw material costs• Raw materials purchases are paidand• Accounts payable for raw materials, beginning balance$12 per unit$65,00075%25%30% of the budgeted unit sales of the next quarter12,000 units5 pounds10% of the next quarter's production needs23,000 pounds$0.80 per pound60% in the quarter the purchases are made40% in the quarter following purchase$81,500•Direct labor cost per hour•Direct labor hour per unit$15 per hour0.2 hour per unit$2 per hour$60,000•Variable MOH rate•Total fixed MOH•Variable S&A expense rate$1.80 per unit$50,00012%•Minimum cash balance•Annual Interest rate

Name: Construct the MOH budgetYear 2 Quarter14YearBudgeted direct labor-hou
Uploaded: 2024-03-20T06:33:06.000Z
Channel: Bartleby
Description: Construct the MOH budgetYear 2 Quarter14YearBudgeted direct labor-hoursVariable manufacturing overhead rateTotal variable manufacturing overheadTotal fixed manufacturing overheadTotal manufacturing overheadLess depreciationCash disbursements for man