Frizell company is preparing its manufacturing overhead, Ask an Expert

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Frizell Company is preparing its manufacturing overhead budget for 2011. Relevant data consist of the following.

· Units to be produced (by quarters): 10,000, 12,000, 14,000, and 16,0

· 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

Prepare the manufacturing overhead budget for the year, showing quarterly data.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9954092

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