Oriole Company is preparing its manufacturing overhead budget for 2022. Relevant data consist of the following. Units to be produced (by quarters): 10,400, 12,480, 14,560, 16,640. Direct labor: Time is 0.75 hours per unit. Variable overhead costs per direct labor hour: indirect materials $0.4; indirect labor $0.6; and maintenance $0.5. Fixed overhead costs per quarter: supervisory salaries $42.900; depreciation $15,600; and maintenance $12,480. Prepare the manufacturing overhead budget for the year, showing quarterly data. (Round overhead rate to 2 decimal places, e.g. 4.25. List variable expenses before fixed expense.) 1 ORIOLE COMPANY Manufacturing Overhead Budget For the Year Ending December 31, 2022 # 2 Quarter

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
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Chapter5: Support Department And Joint Cost Allocation
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Problem 2CMA: Adam Corporation manufactures computer tables and has the following budgeted indirect manufacturing...
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Oriole Company is preparing its manufacturing overhead budget for 2022. Relevant data consist of the following.
Units to be produced (by quarters): 10,400, 12,480, 14,560, 16,640.
Direct labor: Time is 0.75 hours per unit.
Variable overhead costs per direct labor hour: indirect materials $0.4; indirect labor $0.6; and maintenance $0.5.
Fixed overhead costs per quarter: supervisory salaries $42.900; depreciation $15,600; and maintenance $12,480.
Prepare the manufacturing overhead budget for the year, showing quarterly data. (Round overhead rate to 2 decimal places, e.g.
1.25. List variable expenses before fixed expense.)
1
ORIOLE COMPANY
Manufacturing Overhead Budget
For the Year Ending December 31, 2022 #
2
Quarter
3
Transcribed Image Text:Oriole Company is preparing its manufacturing overhead budget for 2022. Relevant data consist of the following. Units to be produced (by quarters): 10,400, 12,480, 14,560, 16,640. Direct labor: Time is 0.75 hours per unit. Variable overhead costs per direct labor hour: indirect materials $0.4; indirect labor $0.6; and maintenance $0.5. Fixed overhead costs per quarter: supervisory salaries $42.900; depreciation $15,600; and maintenance $12,480. Prepare the manufacturing overhead budget for the year, showing quarterly data. (Round overhead rate to 2 decimal places, e.g. 1.25. List variable expenses before fixed expense.) 1 ORIOLE COMPANY Manufacturing Overhead Budget For the Year Ending December 31, 2022 # 2 Quarter 3
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