Factory Overhead Cost Budget Toot Sweet Candy Company budgeted the following costs for anticipated production for August: Advertising expenses $259,800 Manufacturing supplies 15,680 Power and light 53,760 Sales commissions 294,500 Factory insurance 33,700 Production supervisor wages $151,200 Production control wages 35,840 Executive officer salaries 347,200 Materials management wages Factory depreciation 43,650 24,000 Prepare a factory overhead cost budget, separating variable and fixed costs. Assume that factory insurance and depreciation are the only fixed factory costs.

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Factory Overhead Cost Budget
Toot Sweet Candy Company budgeted the following costs for anticipated production for August:
Advertising expenses
Manufacturing supplies
Power and light
Sales commissions
$259,800
15,680
53,760
294,500
Factory insurance
33,700
Production supervisor wages
$151,200
Production control wages
35,840
Executive officer salaries
347,200
Materials management wages
43,650
Factory depreciation
24,000
Prepare a factory overhead cost budget, separating variable and fixed costs. Assume that factory insurance and depreciation are the only fixed factory
costs.
Variable factory overhead costs:
Manufacturing supplies
Power and light
Toot Sweet Candy Company
Factory Overhead Cost Budget
For the Month Ending August 31
Check My Work
Production supervisor wanes
H
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X
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6
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4x D
11:13 P
3/12/202
Transcribed Image Text:eBook Factory Overhead Cost Budget Toot Sweet Candy Company budgeted the following costs for anticipated production for August: Advertising expenses Manufacturing supplies Power and light Sales commissions $259,800 15,680 53,760 294,500 Factory insurance 33,700 Production supervisor wages $151,200 Production control wages 35,840 Executive officer salaries 347,200 Materials management wages 43,650 Factory depreciation 24,000 Prepare a factory overhead cost budget, separating variable and fixed costs. Assume that factory insurance and depreciation are the only fixed factory costs. Variable factory overhead costs: Manufacturing supplies Power and light Toot Sweet Candy Company Factory Overhead Cost Budget For the Month Ending August 31 Check My Work Production supervisor wanes H ✓ O Search V ✔ X N 6 Previous Next 4x D 11:13 P 3/12/202
<
Variable factory overhead costs:
Manufacturing supplies
✓
Power and light
For the Month Ending August 31
✓
Production supervisor wages
Production control wages
Materials management wages
✓
Total variable factory overhead costs
Fixed factory overhead costs:
Factory insurance
✓
Factory depreciation
Total factory overhead costs
Feedback
Total fixed factory overhead costs
Check My Work
✓
O Search
✓
✓
W
Check My Work
Show all of the variable costs and all of the fixed costs.
00000 00
0 00
X
All work saved.
O
Save and Exit
Previous
Next
Submit Assignment for Grading
11:13
3/12/20
Transcribed Image Text:< Variable factory overhead costs: Manufacturing supplies ✓ Power and light For the Month Ending August 31 ✓ Production supervisor wages Production control wages Materials management wages ✓ Total variable factory overhead costs Fixed factory overhead costs: Factory insurance ✓ Factory depreciation Total factory overhead costs Feedback Total fixed factory overhead costs Check My Work ✓ O Search ✓ ✓ W Check My Work Show all of the variable costs and all of the fixed costs. 00000 00 0 00 X All work saved. O Save and Exit Previous Next Submit Assignment for Grading 11:13 3/12/20
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