Tulum Inc. makes a Mexican chocolate mix. Budgeted direct labor hours for the first 3 months of

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Tulum Inc. makes a Mexican chocolate mix. Budgeted direct labor hours for the first 3 months of the coming year are:

January.................................9,880

February.................................8,800

March..................................12,200

The variable overhead rate is $0.50 per direct labor hour. Fixed overhead is budgeted at $3,140 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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Managerial Accounting The Cornerstone of Business Decision Making

ISBN: 978-1337115773

7th edition

Authors: Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

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Question Posted: Jun 14, 2017 07:26 AM

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Tulum Inc. makes a Mexican chocolate mix. Budgeted direct labor hours for the first 3 months of

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