Factory Overhead Cost Budget Sweet Tooth Candy Company budgeted the following costs for anticipated production for August: Advertising expenses $241,500 Manufacturing supplies 13,240 Power and light 39,480 Sales commissions 263,870 Factory insurance 22,990 Production supervisor wages 116,110 Production control wages 30,190 Executive officer salaries 246,140 Materials management wages 33,190 Factory depreciation 18,810 Prepare a factory overhead cost budget, separating variable and fixed costs. Assume that factory insurance and depreciation are the only fixed factory costs

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter8: Budgeting
Section: Chapter Questions
Problem 14E: Factory overhead cost budget Sweet Tooth Candy Company budgeted the following costs for anticipated...
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The prompt is to prepare a factory overhead cost budget. 1 picture has the information and the 2nd picture has the template. Thank you!

Factory Overhead Cost Budget
Sweet Tooth Candy Company budgeted the following costs for anticipated production for August:
Advertising expenses
$241,500
Manufacturing supplies
13,240
Power and light
39,480
Sales commissions
263,870
Factory insurance
22,990
Production supervisor wages
116,110
Production control wages
30,190
Executive officer salaries
246,140
Materials management wages
33,190
Factory depreciation
18,810
Prepare a factory overhead cost budget, separating variable and fixed costs. Assume that factory insurance and depreciation are the only fixed factory costs.
Transcribed Image Text:Factory Overhead Cost Budget Sweet Tooth Candy Company budgeted the following costs for anticipated production for August: Advertising expenses $241,500 Manufacturing supplies 13,240 Power and light 39,480 Sales commissions 263,870 Factory insurance 22,990 Production supervisor wages 116,110 Production control wages 30,190 Executive officer salaries 246,140 Materials management wages 33,190 Factory depreciation 18,810 Prepare a factory overhead cost budget, separating variable and fixed costs. Assume that factory insurance and depreciation are the only fixed factory costs.
Prepare a factory overhead cost budget, separating variable and fixed costs. Assume that factory insurance and depreciation are the only fixed factory costs.
Sweet Tooth Candy Company
Factory Overhead Cost Budget
For the Month Ending August 31
Variable factory overhead costs:
Manufacturing supplies
Power and light
Production supervisor wages
Production control wages
Materials management wages v
Total variable factory overhead costs
Fixed factory overhead costs:
Factory insurance
Factory depreciation
Total fixed factory overhead costs
Total factory overhead costs
Transcribed Image Text:Prepare a factory overhead cost budget, separating variable and fixed costs. Assume that factory insurance and depreciation are the only fixed factory costs. Sweet Tooth Candy Company Factory Overhead Cost Budget For the Month Ending August 31 Variable factory overhead costs: Manufacturing supplies Power and light Production supervisor wages Production control wages Materials management wages v Total variable factory overhead costs Fixed factory overhead costs: Factory insurance Factory depreciation Total fixed factory overhead costs Total factory overhead costs
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