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.Indirect material per hour$1.00 Supervisory salaries$18,000Indirect labor per hour1.20 Maintenance Salaries5,000Maintenance per hour0.20 Property taxes and insurance6,000Utilities per hour0.50 Depreciation3,500Prepare a manufacturing overhead budget using the above overhead information.blankManufacturing Overhead BudgetFor the Year Ending Dec. 31, 2020 Quarter 1Quarter 2Quarter 3Quarter 4TotalVariable Costs $- Select -$- Select -$- Select -$- Select -$- Select - - Select -- Select -- Select -- Select -- Select - - Select -- Select -- Select -- Select -- Select - - Select -- Select -- Select -- Select -- Select -Total Variable Manufacturing Costs$fill in the blank 25$fill in the blank 26$fill in the blank 27$fill in the blank 28$fill in the blank 29Fixed Costs $- Select -$- Select -$- Select -$- Select -$- Select - - Select -- Select -- Select -- Select -- Select - - Select -- Select -- Select -- Select -- Select - - Select -- Select -- Select -- Select -- Select -Total Fixed Manufacturing Costs$fill in the blank 54$fill in the blank 55$fill in the blank 56$fill in the blank 57$fill in the blank 58Total Manufacturing Overhead$fill in the blank 59$fill in the blank 60$fill in the blank 61$fill in the blank 62$fill in the blank 63

Name: Direct labor hours are estimated as 1,800 in Quarter 1; 1,900 in Quart
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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.Indirect material per hour$1.00 Supervisory salaries$18,000Indirect labor per hour1.20 Maintenance Salaries5,000Maintenance per hou

Variable Cost :— It is the cost that changes with change in activity of cost driver. Variable cost…

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Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter5: Process Cost Accounting—general Procedures

Section: Chapter Questions

Problem 3E: Comacho Chemical Co. recorded costs for the month of 18,900 for materials, 44,100 for labor, and...

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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.

Indirect material per hour	$1.00	Supervisory salaries	$18,000
Indirect labor per hour	1.20	Maintenance Salaries	5,000
Maintenance per hour	0.20	Property taxes and insurance	6,000
Utilities per hour	0.50	Depreciation	3,500

Prepare a manufacturing overhead budget using the above overhead information.

blankManufacturing Overhead BudgetFor the Year Ending Dec. 31, 2020

	Quarter 1	Quarter 2	Quarter 3	Quarter 4	Total
Variable Costs
	$- Select -	$- Select -	$- Select -	$- Select -	$- Select -
	- Select -	- Select -	- Select -	- Select -	- Select -
	- Select -	- Select -	- Select -	- Select -	- Select -
	- Select -	- Select -	- Select -	- Select -	- Select -
Total Variable Manufacturing Costs	$fill in the blank 25	$fill in the blank 26	$fill in the blank 27	$fill in the blank 28	$fill in the blank 29
Fixed Costs
	$- Select -	$- Select -	$- Select -	$- Select -	$- Select -
	- Select -	- Select -	- Select -	- Select -	- Select -
	- Select -	- Select -	- Select -	- Select -	- Select -
	- Select -	- Select -	- Select -	- Select -	- Select -
Total Fixed Manufacturing Costs	$fill in the blank 54	$fill in the blank 55	$fill in the blank 56	$fill in the blank 57	$fill in the blank 58
Total Manufacturing Overhead	$fill in the blank 59	$fill in the blank 60	$fill in the blank 61	$fill in the blank 62	$fill in the blank 63

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