Chapter $8$ Budget Exercise $\backslash$begin$\{$tabular$\}\{|$l$|$l$|$l$|$l$|$c$|\}$

$\backslash$hline $\backslash$multicolumn$\{1\}\{|$c$|\}\{$ Direct Labor Budget $\}$ & Jan & Feb & Mar & Quarter $1\backslash \backslash$

$\backslash$hline Required production $($in units$)$ & & & & $\backslash \backslash$

$\backslash$hline Direct labor hours per unit & & & & $\backslash \backslash$

$\backslash$hline Total direct labor hours needed & & & & $\backslash \backslash$

$\backslash$hline Direct Labor cost per hour & & & & $\backslash \backslash$

$\backslash$hline Total Direct Labor Cost & & & & $\backslash \backslash$

$\backslash$hline

$\backslash$end$\{$tabular$\}\backslash$begin$\{$tabular$\}\{|$l$|$l$|$l$|$l$|$l$|\}$

$\backslash$hline Manufacturing Overhead Budget $($MOH$)$ & Jan & Feb & Mar & Quarter $1\backslash \backslash$

$\backslash$hline Budgeted direct labor hours & & & & $\backslash \backslash$

$\backslash$hline Variable manufacturing overhead rate & & & & $\backslash \backslash$

$\backslash$hline Variable manufacturing overhead cost & & & & $\backslash \backslash$

$\backslash$hline Fixed manufacturing overhead & & & & $\backslash \backslash$

$\backslash$hline Total manufacturing overhead & & & & $\backslash \backslash$

$\backslash$hline Less: Depreciation & & & & $\backslash \backslash$

$\backslash$hline $=$ Cash disbursements for MOH & & & & $\backslash \backslash$

$\backslash$hline & & & & $\backslash \backslash$

$\backslash$hline Total manufacturing overhead & & & & $\backslash \backslash$

$\backslash$hline Budgeted direct labor hours & & & & $\backslash \backslash$

$\backslash$hline Predetermined overhead rate & & & & $\backslash \backslash$

$\backslash$hline

$\backslash$end$\{$tabular$\}\backslash$begin$\{$tabular$\}\{|$l$|$l$|$l$|$l$|$l$|\}$

$\backslash$hline $\backslash$multicolumn$\{1\}\{|$c$|\}\{$ SGA Budget $\}$ & Jan & Feb & Mar & Quarter $1\backslash \backslash$

$\backslash$hline Budgeted sales in units & & & & $\backslash \backslash$

$\backslash$hline Variable SGA expenses per unit & & & & $\backslash \backslash$

$\backslash$hline Variable shipping expenses per unit & & & & $\backslash \backslash$

$\backslash$hline Total Variable SGA Expenses & & & & $\backslash \backslash$

$\backslash$hline Fixed SGA Expenses: & & & & $\backslash \backslash$

$\backslash$hline Advertising & & & & $\backslash \backslash$

$\backslash$hline Executive Salaries & & & & $\backslash \backslash$

$\backslash$hline Depreciation & & & & $\backslash \backslash$

$\backslash$hline Rent & & & & $\backslash \backslash$

$\backslash$hline Insurance & & & & $\backslash \backslash$

$\backslash$hline Property Taxes & & & & $\backslash \backslash$

$\backslash$hline Total Fixed SGA Expenses & & & & $\backslash \backslash$

$\backslash$hline Total SGA Expenses & & & & $\backslash \backslash$

$\backslash$hline Less: Depreciation & & & & $\backslash \backslash$

$\backslash$hline $=$ Cash Disbursements for SGA Expenses & & & & $\backslash \backslash$

$\backslash$hline

$\backslash$end$\{$tabular$\}$