Question: For Swifty Inc., variable manufacturing overhead costs are expected to be $21,600 in the first quarter of 2022, with $5,400 increments in each of the
For Swifty Inc., variable manufacturing overhead costs are expected to be $21,600 in the first quarter of 2022, with $5,400 increments in each of the remaining three quarters. Fixed overhead costs are estimated to be $43,200 in each quarter. Prepare the manufacturing overhead budget by quarters and in total for the year. SWIFTY INC. Manufacturing Overhead Budget For the Year Ending December 31, 2022 Variable Costs Fixed Costs 1 21600 $ 43200 Total Manufacturing Overhead 64800 $ Quarter 2 3 43200 43200 For Swifty Inc., variable manufacturing overhead costs are expected to be $21,600 in the first quarter of 2022, with $5,400 increments in each of the remaining three quarters. Fixed overhead costs are estimated to be $43,200 in each quarter. Prepare the manufacturing overhead budget by quarters and in total for the year. SWIFTY INC. Manufacturing Overhead Budget For the Year Ending December 31, 2022 Quarter $ 2 43200 3 43200 $ $ Year 43200 172.800
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