The Grant Company is in the process of preparing its manufacturing overhead budget for the upcoming year.
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Prepare the manufacturing overhead budget for the Grant Company for the upcoming year.
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Variable rate per unit Total fixed costs Indirect materials. $1.30 $1.00 Supplies. Indirect labor. Plant utilities.. Repairs and maintenance Depreciation on plant and equipment. Insurance on plant and equipment.. Plant supervision . $0.80 $66,000 $0.30 $34,000 $0.30 $13,000 $41,000 $29,000 $65,000
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