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Hardin Company is preparing its manufacturing overhead budget for 2010. Relevant data consist of the following. Units to be produced

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Hardin Company is preparing its manufacturing overhead budget for 2010. Relevant data consist of the following.

Units to be produced (by quarters): 10,000, 12,000, 14,000, 16,000.

Direct labor: Time is 1.5 hours per unit.

Variable overhead costs per direct labor hour: Indirect materials $0.70; indirect labor $1.20; and maintenance $0.50.

Fixed overhead costs per quarter: Supervisory salaries $35,000; depreciation $16,000; and maintenance $12,000.


Instructions

Prepare the manufacturing overhead budget for the year, showing quarterly data.


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Related Book For  answer-question
Accounting Principles

Accounting Principles

ISBN: 978-0470533475

9th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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Question Details
Chapter # 23- Budgetary Planning
Section: Exercises
Problem: 8
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Question Posted: September 19, 2011 12:24:36
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