Hardin Company_manufacturing overhead budget for 2012

$3.00

Description

Hardin Company is preparing
its manufacturing overhead budget for 2012. Relevant data consist of the
following.
Units
to be produced (by quarters): 10,000, 12,000, 14,000, 16,000.
Direct
labor: Time is 1.5 hours per unit.
Variable
overhead costs per direct labor hour: Indirect materials $0.70; indirect labor
$1.20; and maintenance $0.50.
Fixed
overhead costs per quarter: Supervisory salaries $35,000; depreciation $16,000;
and maintenance $12,000.

Complete
the manufacturing overhead budget for the year, showing quarterly data. (Round
overhead rate to 2 decimal places, i.e. 4.25.)

HARDIN
COMPANY
Manufacturing
Overhead Budget
For
the Year Ending December 31, 2012

Quarter
1 2 3 4 Year
Variable costs
Indirect
materials $ $ $ $ $
Indirect
labor
Maintenance

Total variable

Fixed costs
Supervisory
salaries
Depreciation

Maintenance

Total fixed

Total manufacturing overhead$ $ $ $ $
Direct labor hours
Manufacturing overhead rate per direct labor
hour $

Reviews

There are no reviews yet.

Be the first to review “Hardin Company_manufacturing overhead budget for 2012”

Your email address will not be published. Required fields are marked *