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FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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![Atlanta Company is preparing its manufacturing overhead budget for 2020. Relevant data consist of the following.
Units to be produced (by quarters): 10,400, 12,100, 14,200, 17,000.
Direct labor: Time is 1.5 hours per unit.
Variable overhead costs per direct labor hour: indirect materials $0.70; indirect labor $1.30; and maintenance $0.70.
Fixed overhead costs per quarter: supervisory salaries $36,850; depreciation $17,390; and maintenance $14,220.
Prepare the manufacturing overhead budget for the year, showing quarterly data. (Round overhead rate to 2 decimal places, e.g. 1.25. List
variable expenses before fixed expense.)
Variable Costs
Indirect Materials
Indirect Labor
Maintenance
Total Variable
Fixed Costs
Depreciation
Maintenance
Supervisory Salaries
Total Fixed
Total Manufacturing Overhead
Direct labor hours
Manufacturing overhead rate per direct
labor hour
$
$
1
$
$
ATLANTA COMPANY
Manufacturing Overhead Budget
For the Year Ending December 31, 2020
2
Quarter
$
$
3](https://content.bartleby.com/qna-images/question/05d7fb52-84cc-44aa-9055-ab266c2b1556/84dba069-bedb-4893-b8ac-b9b07583bd1d/ve65om3_thumbnail.png)
Transcribed Image Text:Atlanta Company is preparing its manufacturing overhead budget for 2020. Relevant data consist of the following.
Units to be produced (by quarters): 10,400, 12,100, 14,200, 17,000.
Direct labor: Time is 1.5 hours per unit.
Variable overhead costs per direct labor hour: indirect materials $0.70; indirect labor $1.30; and maintenance $0.70.
Fixed overhead costs per quarter: supervisory salaries $36,850; depreciation $17,390; and maintenance $14,220.
Prepare the manufacturing overhead budget for the year, showing quarterly data. (Round overhead rate to 2 decimal places, e.g. 1.25. List
variable expenses before fixed expense.)
Variable Costs
Indirect Materials
Indirect Labor
Maintenance
Total Variable
Fixed Costs
Depreciation
Maintenance
Supervisory Salaries
Total Fixed
Total Manufacturing Overhead
Direct labor hours
Manufacturing overhead rate per direct
labor hour
$
$
1
$
$
ATLANTA COMPANY
Manufacturing Overhead Budget
For the Year Ending December 31, 2020
2
Quarter
$
$
3
![Atlanta Company is preparing its manufacturing overhead budget for 2020. Relevant data consist of the following.
Units to be produced (by quarters): 10,400, 12,100, 14,200, 17,000.
Direct labor: Time is 1.5 hours per unit.
Variable overhead costs per direct labor hour: indirect materials $0.70; indirect labor $1.30; and maintenance $0.70.
Fixed overhead costs per quarter: supervisory salaries $36,850; depreciation $17,390; and maintenance $14,220.
Prepare the manufacturing overhead budget for the year, showing quarterly data. (Round overhead rate to 2 decimal places, e.g. 1.25. List
variable expenses before fixed expense.)
$
ATLANTA COMPANY
Manufacturing Overhead Budget
For the Year Ending December 31, 2020
2
Quarter
$
$
3
$
$
$
$
$
Year](https://content.bartleby.com/qna-images/question/05d7fb52-84cc-44aa-9055-ab266c2b1556/84dba069-bedb-4893-b8ac-b9b07583bd1d/302tmgj_thumbnail.png)
Transcribed Image Text:Atlanta Company is preparing its manufacturing overhead budget for 2020. Relevant data consist of the following.
Units to be produced (by quarters): 10,400, 12,100, 14,200, 17,000.
Direct labor: Time is 1.5 hours per unit.
Variable overhead costs per direct labor hour: indirect materials $0.70; indirect labor $1.30; and maintenance $0.70.
Fixed overhead costs per quarter: supervisory salaries $36,850; depreciation $17,390; and maintenance $14,220.
Prepare the manufacturing overhead budget for the year, showing quarterly data. (Round overhead rate to 2 decimal places, e.g. 1.25. List
variable expenses before fixed expense.)
$
ATLANTA COMPANY
Manufacturing Overhead Budget
For the Year Ending December 31, 2020
2
Quarter
$
$
3
$
$
$
$
$
Year
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