Hexible Overhead Budget Wiki Wiki Company has determined that the variable overhead rate is $4.50 per direct labor hour in the Fabrication Department. The normal production capacity for the Fabrication Department is 10,000 hours for the month. Fixed costs are budgeted at $60,000 for the month. a. Prepare a monthly factory overhead flexible budget for 9,000, 10,000, and 11,000 hours of production. Enter all amounts as positive numbers. Wiki Wiki Company Monthly Factory Overhead Cost Budget-Fabrication Department Direct labor hours Vanable factory overhead cost Fixed factory overhead cost Total factory overhead 9,000 10,000 11,000 b. How much overhead would be applied to production if 9,000 hours were used in the department during the month? If required, round your calculation two decimal places and your final answer to the nearest dollar.

Hexible Overhead Budget Wiki Wiki Company has determined that the variable overhead rate is $4.50 per direct labor hour in the Fabrication Department. The normal production capacity for the Fabrication Department is 10,000 hours for the month. Fixed costs are budgeted at $60,000 for the month. a. Prepare a monthly factory overhead flexible budget for 9,000, 10,000, and 11,000 hours of production. Enter all amounts as positive numbers. Wiki Wiki Company Monthly Factory Overhead Cost Budget-Fabrication Department Direct labor hours Vanable factory overhead cost Fixed factory overhead cost Total factory overhead 9,000 10,000 11,000 b. How much overhead would be applied to production if 9,000 hours were used in the department during the month? If required, round your calculation two decimal places and your final answer to the nearest dollar.

Name: Flexible Overhead BudgetWiki Wiki Company has determined that the var
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Description: Flexible Overhead BudgetWiki Wiki Company has determined that the variable overhead rate is $4.50 per direct labor hour in the Fabrication Department. The normal productioncapacity for the Fabrication Department is 10,000 hours for the month. Fixed

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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