please answer same format as questio

Overhead Budget Johnston Company deans and applies powder coat paint to metal items on a job-order besis. Johnston has budgeted the following amounts for various overhead categories in the coming year. Supplies $216.000 Gas 50,000 Indirect labor 176,000 Supervision 73,500 Depreciation on equipment 47,000 Depreciation on the buiding 40,000 Rental of special equipment 11,000 Electricity (for lighting, heating, and air conditioning) 28,900 Telephone 4,300 Landscaping service 1,200 Other overhead 50.000 In the coming year, Johnston expects to powder coat 120,000 units. Each unit takes 1.3 direct labur hours. Johnston has found that supplies and gas (used to run the drying uvers-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 Required: 1. Calculate the number of direct labar hours Ichinston 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 156,000 Variable overhead rate 1.7 X per direct laber hour Total fixed overhead s 255,900 X Fuvut "CM: My Vins Partially correct 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. Johnston Company Overhead Budget For the Coming Year Budgeted direct labur hours Variable averhead rate Budgeted variable overhead Budgeted fixed overtesd wverras Total budgeted overhead JID Fuck 3. What if Johnston had expected to take 116,000 units next year? Assume that the variable overhead per unit does not change and the total fixed overhead amuunts do not change. Calculate the new budgeted direct labor hours. Teder Check My Wuth Calculate the new number of budgeted direct labor hours given the change in units. Use this information prepere a new overhead budget. Also, use the new number of direct labor hours to calculate a revised fixed overhead rate and total overhead rate. Prepare a new overhead budget. If required, round your answers to the nearest cent. Johnston Company New Overhead Budget For the Coming Year Budgeted direct labor hours Variable overhead rate Budgeted variable overheads Budgeted fixed overhead Total budgeted overhead Fwder Check My Work Calculate the new number of budgeted direct labor hours given the change in units. Use this information to prepare a new overhead budget. Also, use the new number of direct labor hours to calculate a revised fixed overhead rate and total overhead rate 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 per direct labor hour Fwdtast Check My Work Calculate the new number of budgeted direct labor hours given the change in units. Use this information to prepare a new overhead budget. Also, use the new number of direct labor hours to calculate a revised fixed overhead rate and total overhead rate Fanchuk Check Wy W Part Ally correct