Question: DONT RESPOND TO THE QUESTION IF YOU DO NOT KNOW HOW TO DO IT. I WILL ONLY GIVE A THUMBS UP IF YOU RESPOND TO

DONT RESPOND TO THE QUESTION IF YOU DO NOT KNOW HOW TO DO IT. I WILL ONLY GIVE A THUMBS UP IF YOU RESPOND TO EVERYTHING ASKED THAT IS INCORRECT AND IT IS RIGHT

DONT RESPOND TO THE QUESTION IF YOU DO NOT KNOW HOW TO

DO IT. I WILL ONLY GIVE A THUMBS UP IF YOU RESPOND

TO EVERYTHING ASKED THAT IS INCORRECT AND IT IS RIGHT In the

coming year, Johnston expects to powder coat 150,000 units. Each unit takes

1.4 direct labor hours. Johnston has found that supplies and gas (used

In the coming year, Johnston expects to powder coat 150,000 units. Each unit takes 1.4 direct labor hours. Johnston has found that supplies and gas (used to run the drying ovens-all units pass through the drying ovens after powder coat paint is applied) tend to vary with the number of units produced. All other overhead categories are considered to be fixed. 1. Calculate the number of direct labor hours Johnston must budget for the coming year. Calculate the variable overhead rate. Calculate the total fixed overhead for the coming year. When required, round your answers to the nearest cent and use the rounded answers in subsequent requirements. Direct labor hours Variable overhead rate $X per direct labor hour Total fixed overhead 2. Prepare an overhead budget for Johnston for the coming year. Show the total variable overhead, total fixed overhead, and total overhead. When required, round your answers to the nearest cent. Calculate the fixed overhead rate and the total overhead rate. If required, round your answers to the nearest cent. Fixed overhead rate per direct labor hour Total overhead rate X per direct labor hour 3. What if Johnston had expected to make 148,000 units next year? Assume that the variable overhead per unit does not change and the total fixed overhead amounts do not change. Calculate the new budgeted direct labor hours. x

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