Factory Overhead Cost Budget Sweet Tooth Candy Company budgeted the following costs for anticipated production for August: Advertising expenses $285,180 Manufacturing supplies 15,630 Power and light 46,620 Sales commissions 315,180 Factory insurance 27,150 Production supervisor wages 137,110 Production control wages 35,650 Executive officer salaries 290,660 Materials management wages 39,200 Factory depreciation 22,210 Prepare a factory overhead cost budget, separating variable and fixed costs. Assume that factory insurance and depreciation are the only fixed factory costs. Sweet Tooth Candy Company Factory Overhead Cost Budget For the Month Ending August 31 Variable factory overhead costs: Manufacturing supplies $ Power and light Production supervisor wages Production control wages Materials management wages Total variable factory overhead costs $ Fixed factory overhead costs: Factory insurance $ Factory depreciation Total fixed factory overhead costs Total factory overhead costs $
Factory Overhead Cost Budget Sweet Tooth Candy Company budgeted the following costs for anticipated production for August: Advertising expenses $285,180 Manufacturing supplies 15,630 Power and light 46,620 Sales commissions 315,180 Factory insurance 27,150 Production supervisor wages 137,110 Production control wages 35,650 Executive officer salaries 290,660 Materials management wages 39,200 Factory depreciation 22,210 Prepare a factory overhead cost budget, separating variable and fixed costs. Assume that factory insurance and depreciation are the only fixed factory costs. Sweet Tooth Candy Company Factory Overhead Cost Budget For the Month Ending August 31 Variable factory overhead costs: Manufacturing supplies $ Power and light Production supervisor wages Production control wages Materials management wages Total variable factory overhead costs $ Fixed factory overhead costs: Factory insurance $ Factory depreciation Total fixed factory overhead costs Total factory overhead costs $
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Factory
Sweet Tooth Candy Company budgeted the following costs for anticipated production for August:
| Advertising expenses | $285,180 |
| Manufacturing supplies | 15,630 |
| Power and light | 46,620 |
| Sales commissions | 315,180 |
| Factory insurance | 27,150 |
| Production supervisor wages | 137,110 |
| Production control wages | 35,650 |
| Executive officer salaries | 290,660 |
| Materials management wages | 39,200 |
| Factory |
22,210 |
Prepare a factory overhead cost budget, separating variable and fixed costs. Assume that factory insurance and depreciation are the only fixed
| Sweet Tooth Candy Company | ||
| Factory Overhead Cost Budget | ||
| For the Month Ending August 31 | ||
| Variable factory overhead costs: | ||
| Manufacturing supplies | $ | |
| Power and light | ||
| Production supervisor wages | ||
| Production control wages | ||
| Materials management wages | ||
| Total variable factory overhead costs | $ | |
| Fixed factory overhead costs: | ||
| Factory insurance | $ | |
| Factory depreciation | ||
| Total fixed factory overhead costs | ||
| Total factory overhead costs | $ |
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