(Answered) Complete the manufacturing overhead budget and the

Accounting

Complete the manufacturing overhead budget and the manufacturing overhead rate with variable and fixed manufacturing overhead for the upcoming fiscal year.

Variable manufacturing overhead rate is $3.25 per direct labor hour and the fixed manufacturing overhead is $48,000 per quarter. The only noncash item included in fixed manufacturing overhead is depreciation of $16,000 per quarter

Budgeted direct labor hours 1st quarter 8,000 2nd quarter 8,200 3rd quarter 8,500 4th quarter 7,800

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