Movers Company manufactures sneakers. Production of their new sneaker for the coming three months is budgeted as follows: August 28,000 September 50,000 October 33,000 Each sneaker requires 2.5 hours of direct labor time. Direct labor wages average $16 per hour. Monthly variable overhead averages $10 per direct labor hour plus fixed overhead of $4,500. What is the total overhead budgeted for the month of September? Group of answer choices $6,800,000 $1,254,500 $142,100 $460,000 $362,100
Movers Company manufactures sneakers. Production of their new sneaker for the coming three months is budgeted as follows: August 28,000 September 50,000 October 33,000 Each sneaker requires 2.5 hours of direct labor time. Direct labor wages average $16 per hour. Monthly variable overhead averages $10 per direct labor hour plus fixed overhead of $4,500. What is the total overhead budgeted for the month of September? Group of answer choices $6,800,000 $1,254,500 $142,100 $460,000 $362,100
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Movers Company manufactures sneakers. Production of their new sneaker for the coming three months is budgeted as follows:
|
August |
28,000 |
|
September |
50,000 |
|
October |
33,000 |
Each sneaker requires 2.5 hours of direct labor time. Direct labor wages average $16 per hour. Monthly variable
Group of answer choices
$6,800,000
$1,254,500
$142,100
$460,000
$362,100
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