The direct labor budget of Yuvwell Corporation for the upcoming fiscal year contains the following detalls concerning budgeted direct labor-hours: Budgeted direct labor-hours 1st Quarter 11, 200 2nd Quarter 9,809 3rd Quarter 10,100 4th Quarter 10,900 The company uses direct labor-hours as Its overhead allocation base. The variable portion of its predetermined manufacturing overhead rate is $6.00 per direct labor-hour and Its total fixed manufacturing overhead is $80,000 per quarter. The only noncash Item included in fixed manufacturing overhead is depreciation, which is $20,000 per quarter.

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Chapter1: Financial Statements And Business Decisions
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The direct labor budget of Yuvwell Corporation for the upcoming fiscal year contains the following detalls concerning budgeted direct
labor-hours:
des
Budgeted direct labor-hours
1st Quarter
11, 200
Required 1 Required 2
2nd Quarter
9,800
The company uses direct labor-hours as its overhead allocation base. The variable portion of its predetermined manufacturing
overhead rate is $6.00 per direct labor-hour and Its total fixed manufacturing overhead is $80,000 per quarter. The only noncash Item
Included in fixed manufacturing overhead is depreciation, which is $20,000 per quarter.
Required:
1. Prepare the company's manufacturing overhead budget for the upcoming fiscal year.
2 Compute the company's predetermined overhead rate (including both variable and fixed manufacturing overhead) for the upcoming
fiscal year.
Complete this question by entering your answers in the tabs below.
Variable manufacturing overhead rate
Variable manufacturing overhead
Fixed manufacturing overhead
Total manufacturing overhead
3rd Quarter
10,100
Cash disbursements for manufacturing overhead
Prepare the company's manufacturing overhead budget for the upcoming fiscal year. (Round "Variable manufacturing overhead rate"
answers to 2 decimal places.
4th Quarter
10,900
Yuvwell Corporation
Manufacturing Overhead Budget
1st Quarter 2nd Quarter
3rd Quarter 4th Quarter
Required 2 >
Year
Transcribed Image Text:The direct labor budget of Yuvwell Corporation for the upcoming fiscal year contains the following detalls concerning budgeted direct labor-hours: des Budgeted direct labor-hours 1st Quarter 11, 200 Required 1 Required 2 2nd Quarter 9,800 The company uses direct labor-hours as its overhead allocation base. The variable portion of its predetermined manufacturing overhead rate is $6.00 per direct labor-hour and Its total fixed manufacturing overhead is $80,000 per quarter. The only noncash Item Included in fixed manufacturing overhead is depreciation, which is $20,000 per quarter. Required: 1. Prepare the company's manufacturing overhead budget for the upcoming fiscal year. 2 Compute the company's predetermined overhead rate (including both variable and fixed manufacturing overhead) for the upcoming fiscal year. Complete this question by entering your answers in the tabs below. Variable manufacturing overhead rate Variable manufacturing overhead Fixed manufacturing overhead Total manufacturing overhead 3rd Quarter 10,100 Cash disbursements for manufacturing overhead Prepare the company's manufacturing overhead budget for the upcoming fiscal year. (Round "Variable manufacturing overhead rate" answers to 2 decimal places. 4th Quarter 10,900 Yuvwell Corporation Manufacturing Overhead Budget 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Required 2 > Year
The direct labor budget of Yuvwell Corporation for the upcoming fiscal year contains the following details concerning budgeted direct
labor-hours:
Budgeted direct labor-hours
1st Quarter
11,200
Required 1 Required 2
2nd Quarter
The company uses direct labor-hours as its overhead allocation base. The variable portion of its predetermined manufacturing
overhead rate is $6.00 per direct labor-hour and its total fixed manufacturing overhead is $80,000 per quarter. The only noncash Item
Included in fixed manufacturing overhead is depreciation, which is $20.000 per quarter.
3rd Quarter
10,100
Required:
1. Prepare the company's manufacturing overhead budget for the upcoming fiscal year.
2 Compute the company's predetermined overhead rate (including both variable and fixed manufacturing overhead) for the upcoming
fiscal year.
Complete this question by entering your answers in the tabs below.
Predetermined overhead rate for the year
4th Quarter
10,900
Required 1
Compute the company's predetermined overhead rate (including both variable and fixed manufacturing overhead) for the
upcoming fiscal year, (Round your answer to 2 decimal places.)
Transcribed Image Text:The direct labor budget of Yuvwell Corporation for the upcoming fiscal year contains the following details concerning budgeted direct labor-hours: Budgeted direct labor-hours 1st Quarter 11,200 Required 1 Required 2 2nd Quarter The company uses direct labor-hours as its overhead allocation base. The variable portion of its predetermined manufacturing overhead rate is $6.00 per direct labor-hour and its total fixed manufacturing overhead is $80,000 per quarter. The only noncash Item Included in fixed manufacturing overhead is depreciation, which is $20.000 per quarter. 3rd Quarter 10,100 Required: 1. Prepare the company's manufacturing overhead budget for the upcoming fiscal year. 2 Compute the company's predetermined overhead rate (including both variable and fixed manufacturing overhead) for the upcoming fiscal year. Complete this question by entering your answers in the tabs below. Predetermined overhead rate for the year 4th Quarter 10,900 Required 1 Compute the company's predetermined overhead rate (including both variable and fixed manufacturing overhead) for the upcoming fiscal year, (Round your answer to 2 decimal places.)
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