Question

Patrick In c. makes industrial solvents. Budgeted direct labor hours for the first three months of the coming year are:
January .......... 13,140
February ......... 12,300
March ........... 15,075
The variable overhead rate is $ 0.70 per direct labor hour. Fixed overhead is budgeted at $ 2,750 per month.
Required:
Prepare an overhead budget for the months of January, February, and March, as well as the total for the first quarter.


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  • CreatedSeptember 22, 2015
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