Question: Splish Ltd. expects variable manufacturing overhead costs to be $ 19,100 in the first quarter of 2022, with $ 3,900 increments in each of the
Splish Ltd. expects variable manufacturing overhead costs to be $ 19,100 in the first quarter of 2022, with $ 3,900 increments in each of the remaining three quarters. It estimates fixed overhead costs to be $ 35,300 in each quarter. Prepare the manufacturing overhead budget by quarters for the year.
| SPLISH LTD. Manufacturing Overhead Budget For the Year Ending December 31, 2022 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Quarter | |||||||||||
| 1 | 2 | 3 | 4 | Year | |||||||
| Variable costs | $ enter a dollar amount | $ enter a dollar amount | $ enter a dollar amount | $ enter a dollar amount | $ enter a dollar amount | ||||||
| Fixed costs | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | ||||||
| Total | $ enter a total amount | enter a total amount | $ enter a total amount | $ enter a total amount | $ enter a total amount | ||||||
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