Direct labor hours are estimated as 1,800 In Quarter 1; 1,900 In Quarter 2; 1,700 In Quarter 3; and 2,100 In Quarter 4. $18,000 5,000 6,000 3,500 Indirect material per hour $1.00 Supervisory salaries Indirect labor per hour 1.20 Maintenance Salarles Maintenance per hour 0.20 Property taxes and Insurance Utilities per hour 0.50 Depreciation Prepare a manufacturing overhead budget using the above overhead Information. Manufacturing Overhead Budget For the Year Ending Dec. 31, 2020 Quarter 1 Quarter 2 Quarter 3 Variable Costs Indirect Material Indirect Labor Maintenance Utilities Total Variable Manufacturing Costs Fixed Costs Supervisory Salaries Maintenance Salaries Property Taxes and Insurance Depreciation Total Fixed Manufacturing Costs Total Manufacturing Overhead 1,800 $ 1,900 $ 1,700 $ 2,100 $ 2,160 2,280 2,040 2,520 360 340 900 850 5,220 18,000 $ 5,000 6,000 3,500 32,500 37,720 $ +A 380 950 5,510 $ Quarter 4 4,930 18,000 $ 18,000 $ 5,000 5,000 6,000 6,000 3,500 3,500 32,500 $ 32,500 38,010 $ 37,430 $ 420 1,050 6,090 18,000 $ 5,000 6,000 3,500 32,500 $ 38,590 $ Total 7,500 9,000 1,500 3,750 21,750 72,000 20,000 24,000 14,000 130,000 151,750

Direct labor hours are estimated as 1,800 In Quarter 1; 1,900 In Quarter 2; 1,700 In Quarter 3; and 2,100 In Quarter 4. $18,000 5,000 6,000 3,500 Indirect material per hour $1.00 Supervisory salaries Indirect labor per hour 1.20 Maintenance Salarles Maintenance per hour 0.20 Property taxes and Insurance Utilities per hour 0.50 Depreciation Prepare a manufacturing overhead budget using the above overhead Information. Manufacturing Overhead Budget For the Year Ending Dec. 31, 2020 Quarter 1 Quarter 2 Quarter 3 Variable Costs Indirect Material Indirect Labor Maintenance Utilities Total Variable Manufacturing Costs Fixed Costs Supervisory Salaries Maintenance Salaries Property Taxes and Insurance Depreciation Total Fixed Manufacturing Costs Total Manufacturing Overhead 1,800 $ 1,900 $ 1,700 $ 2,100 $ 2,160 2,280 2,040 2,520 360 340 900 850 5,220 18,000 $ 5,000 6,000 3,500 32,500 37,720 $ +A 380 950 5,510 $ Quarter 4 4,930 18,000 $ 18,000 $ 5,000 5,000 6,000 6,000 3,500 3,500 32,500 $ 32,500 38,010 $ 37,430 $ 420 1,050 6,090 18,000 $ 5,000 6,000 3,500 32,500 $ 38,590 $ Total 7,500 9,000 1,500 3,750 21,750 72,000 20,000 24,000 14,000 130,000 151,750

Name: Direct labor hours are estimated as 1,800 In Quarter 1; 1,900 In Quar
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Description: Direct labor hours are estimated as 1,800 In Quarter 1; 1,900 In Quarter 2; 1,700 In Quarter 3; and 2,100 In Quarter 4.$18,0005,0006,0003,500Indirect material per hour $1.00 Supervisory salariesIndirect labor per hour1.20 Maintenance SalarlesMainten

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter7: Allocating Costs Of Support Departments And Joint Products

Section: Chapter Questions

Problem 1CE: The expected costs for the Maintenance Department of Stazler, Inc., for the coming year include:...

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