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My company is preparing its manufacturing overhead budget for 2011. Relevant data consists of the following:

1. Units to be produced (by quarters) - 10,000, 12,000, 14,000, 16,000
2. Direct Labor - Time is 1.5 hours per unit
3. Variable overhead cost per direct labor hour - Indirect materials $0.70, indirect labor $1.20, Maintenance $0.50.
4. Fixed overhead costs per quarter - Supervisory Salaries $35,000, Depreciation $16,000, Maintenance $12,000.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9978424

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