The budgeted variable MOH rate at Tamarisk Corp. is $5.40/machine hour, where every unit requires 3 machine hours. Additionally, the following fixed-MOH costs are anticipated for production: depreciation of $3,200, insurance of $400, supervisor salaries of $5,600, and property taxes of $1,000. Assuming budgeted production this month is 8,800 units, prepare the MOH budget for the month, reporting both total budgeted MOH costs and the cash outlay requirement for MOH. (Round variable MOH rate per machine hour to 2 decimal places, e.g. 15.25.) Budgeted Units to be Produced Total Budgeted MOH Cost Less Non-cash MOH Costs Total Budgeted Cash Needs for MOH > > > > tA tA tA Month

The budgeted variable MOH rate at Tamarisk Corp. is $5.40/machine hour, where every unit requires 3 machine hours. Additionally, the following fixed-MOH costs are anticipated for production: depreciation of $3,200, insurance of $400, supervisor salaries of $5,600, and property taxes of $1,000. Assuming budgeted production this month is 8,800 units, prepare the MOH budget for the month, reporting both total budgeted MOH costs and the cash outlay requirement for MOH. (Round variable MOH rate per machine hour to 2 decimal places, e.g. 15.25.) Budgeted Units to be Produced Total Budgeted MOH Cost Less Non-cash MOH Costs Total Budgeted Cash Needs for MOH > > > > tA tA tA Month

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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