Accounting Capstone - Master Budget **Factory Overhead Cost Budget**The factory overhead cost budget should be integrated with the production budget to ensure that production is not interrupted during the year. This budget may be supported by departmental schedules, which normally separate factory overhead costs into fixed and variable costs so that department managers may monitor and evaluate costs during the year. For simplicity, LearnCo has not separated costs in this manner.After reviewing the following factory overhead cost budget, you note that LearnCo has completed the budget with the exception of one amount. Fill in the missing amount.---**LearnCo** Factory Overhead Cost Budget For the Year Ending December 31, 20Y2- Indirect factory wages: $5,400- Power and light: [Blank]- Depreciation of plant and equipment: 1,450- Total factory overhead cost: $18,100---**Explanation:**The table presents a budget breakdown, showing three components: indirect factory wages, power and light, and depreciation of plant and equipment. Only the power and light cost is missing. The total factory overhead cost is provided as $18,100. To determine the missing amount, add the given wages and depreciation costs and subtract this sum from the total overhead cost.

Name: Accounting Capstone - Master Budget **Factory Overhead Cost Budget**Th
Uploaded: 2024-03-20T06:33:06.000Z
Channel: Bartleby
Description: Accounting Capstone - Master Budget **Factory Overhead Cost Budget**The factory overhead cost budget should be integrated with the production budget to ensure that production is not interrupted during the year. This budget may be supported by departm