question archive The Charade Corporation is preparing its Manufacturing Overhead budget for the fourth quarter of the year
The Charade Corporation is preparing its Manufacturing Overhead budget for the fourth quarter of the year
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The Charade Corporation is preparing its Manufacturing Overhead budget for the fourth quarter of the year. The budgeted variable manufacturing overhead is $8 per direct labor-hour, the budgeted fixed manufacturing overhead is $78,000 per month of which 515,300 is factory depreciation If the budgeted direct labor time for November is 7,300 hours, then the total budgeted manufacturing overhead for November is: Multiple Choice
$151,700
$121,100
$78,000
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Answer:
Budgeted manufacturing overhead = fixed Overhead+variable Overhead
Variable overhead = Rate per hour*Total hours for Novemeber
=$8*7,300
=$58,400
Fixed Overehad = $78,000
Budgeted manufacturing overhead = $58,400+$78,000
=$136,400
[depreciation will form part of manufacturing overhead expense , so it will not be deducted]
Answer :$136,400
