FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Movers Company manufactures sneakers. Production of their new sneaker for the
coming three months is budgeted as follows:
August 50,000
September 62,000
October 48,000
Each sneaker requires 1.5 hours of direct labor time. Direct labor wages average $16
per hour. Monthly variable overhead averages $8 per direct labor hour plus fixed
overhead of $700,000. What is the total overhead budgeted for the month of
September?
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Transcribed Image Text:Movers Company manufactures sneakers. Production of their new sneaker for the coming three months is budgeted as follows: August 50,000 September 62,000 October 48,000 Each sneaker requires 1.5 hours of direct labor time. Direct labor wages average $16 per hour. Monthly variable overhead averages $8 per direct labor hour plus fixed overhead of $700,000. What is the total overhead budgeted for the month of September?
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