EXERCISE 95 Manufacturing Overhead Budget [LO6] The direct labor budget of Yuvwell Corporation for the upcoming fiscal year contains the following details concerning budgeted direct labor-hours: 2nd Quarter 3rd Quarter 4th Quarter 1st Quarter Budgeted direct labor-hours. 8,000 8,200 8,500 7,800 The company's variable manufacturing overhead rate is $3.25 per direct labor-hour and the company's fixed manufacturing overhead is $48,000 per quarter. The only noncash item included in fixed manufacturing overhead is depreciation, which is $16,000 per quarter. Required: 1. Construct the company's manufacturing overhead budget for the upcoming fiscal year. 2. Compute the company's manufacturing overhead rate (including both variable and fixed man- ufacturing overhead) for the upcoming fiscal year. Round off to the nearest whole cent. EXERCISE 9-6 Selling and Administrative Expense Budget [LO7] The budgeted unit sales of Weller Company for the upcoming fiscal year are provided below:
EXERCISE 95 Manufacturing Overhead Budget [LO6] The direct labor budget of Yuvwell Corporation for the upcoming fiscal year contains the following details concerning budgeted direct labor-hours: 2nd Quarter 3rd Quarter 4th Quarter 1st Quarter Budgeted direct labor-hours. 8,000 8,200 8,500 7,800 The company's variable manufacturing overhead rate is $3.25 per direct labor-hour and the company's fixed manufacturing overhead is $48,000 per quarter. The only noncash item included in fixed manufacturing overhead is depreciation, which is $16,000 per quarter. Required: 1. Construct the company's manufacturing overhead budget for the upcoming fiscal year. 2. Compute the company's manufacturing overhead rate (including both variable and fixed man- ufacturing overhead) for the upcoming fiscal year. Round off to the nearest whole cent. EXERCISE 9-6 Selling and Administrative Expense Budget [LO7] The budgeted unit sales of Weller Company for the upcoming fiscal year are provided below:
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Please help me do excercise 9-5
![ipany's
2.
Construct the compăfly 3
the direct labor workforce is not adjusted eácH qualtu
for direct labor.
EXERCISE 95 Manufacturing Overhead Budget [LO6]
The direct labor budget of Yuvwell Corporation for the upcoming fiscal year contains the folloui.
details concerning budgeted direct labor-hours:
2nd Quarter
3rd Quarter
4th Quarter
1st Quarter
Budgeted direct
labor-hours. .
8,000
8,200
8,500
7,800
The company's variable manufacturing overhead rate is $3.25 per direct labor-hour and the
company's fixed manufacturing overhead is $48,000 per quarter. The only noncash item included
in fixed manufacturing overhead is depreciation, which is $16,000 per quarter.
Required:
1. Construct the company's manufacturing overhead budget for the upcoming fiscal year.
2. Compute the company's manufacturing overhead rate (including both variable and fixed man-
ufacturing overhead) for the upcoming fiscal year. Round off to the nearest whole cent.
EXERCISE 9-6 Selling and Administrative Expense Budget [LO7]
The budgeted unit sales of Weller Company for the upcoming fiscal year are provided below:
1st Quarter
2nd Quarter
Budgeted unit sales ..,
3rd Quarter
4th Quarter
15,000
16,000
14,000
13,000
direct labor work force of who are to be paid for
at of If the of required direct is
less than this are paid for 2,600 hours Any hours in
excess of in a quarter are paid at the rate of 1.5 times the rate](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F5b476393-1d0f-4e3b-ac62-f7050dcdfb0c%2F84d1e05e-3280-4e8b-ac76-14afbd07d778%2Fv7gw1qd_processed.jpeg&w=3840&q=75)
Transcribed Image Text:ipany's
2.
Construct the compăfly 3
the direct labor workforce is not adjusted eácH qualtu
for direct labor.
EXERCISE 95 Manufacturing Overhead Budget [LO6]
The direct labor budget of Yuvwell Corporation for the upcoming fiscal year contains the folloui.
details concerning budgeted direct labor-hours:
2nd Quarter
3rd Quarter
4th Quarter
1st Quarter
Budgeted direct
labor-hours. .
8,000
8,200
8,500
7,800
The company's variable manufacturing overhead rate is $3.25 per direct labor-hour and the
company's fixed manufacturing overhead is $48,000 per quarter. The only noncash item included
in fixed manufacturing overhead is depreciation, which is $16,000 per quarter.
Required:
1. Construct the company's manufacturing overhead budget for the upcoming fiscal year.
2. Compute the company's manufacturing overhead rate (including both variable and fixed man-
ufacturing overhead) for the upcoming fiscal year. Round off to the nearest whole cent.
EXERCISE 9-6 Selling and Administrative Expense Budget [LO7]
The budgeted unit sales of Weller Company for the upcoming fiscal year are provided below:
1st Quarter
2nd Quarter
Budgeted unit sales ..,
3rd Quarter
4th Quarter
15,000
16,000
14,000
13,000
direct labor work force of who are to be paid for
at of If the of required direct is
less than this are paid for 2,600 hours Any hours in
excess of in a quarter are paid at the rate of 1.5 times the rate
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