The manufacturing overhead budget at Franklyn Corporation is based on budgeted direct labor-hours. The direct labor budget indicates that 2,500 direct labor-hours will be required in January. The variable overhead rate is $5 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $43,010 per month, which includes depreciation of $3,750. All other fixed manufacturing overhead costs represent current cash flows. The January cash disbursements for manufacturing overhead on the manufacturing overhead budget should be: Group of answer choices $55,510 $12,500 $51,760 $39,260

Q: The manufacturing overhead budget at Franklyn Corporation is based on budgeted direct labor-hours.…

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A: Explanation: 1. Variable Manufacturing overhead = Budgeted direct labor hours x Variable…

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A: Variable manufacturing overhead = Direct labor hours*Variable overhead rate Variable manufacturing…

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A: The question is related to Total Budegted Manufacturing Overheads. It includes both budgeted…

Q: The manufacturing overhead budget at Franklyn Corporation is based on budgeted direct labor-hours.…

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Q: Wade Company expects to produce 5,500 units of product IOA during the current year. Budgeted…

A:

Q: Yuvwell Corporation's direct labor budget for next year contained the following information:…

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Q: Scofield Company's budget for the coming year includes the following: Direct material $675,000…

A: The predetermined overhead rate is the rate determined for the purpose of computing the estimated…

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A: Step 1Static budget is based on expected data while flexible budget is change with output.  Step 2:…

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A:

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Q: Sweet Acacia Company is preparing its manufacturing overhead budget for 2022. Relevant data are as…

A: Variable cost is the cost that changes with change in the activity of cost driver used. The variable…

Q: Phoenix Company reports the following fixed budget. It is based on an expected production and sales…

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A: Step 1:introduction to All the transactions that result in cash outflow are credited, which tends to…

Q: Fillmore, Inc., expects sales of its housing for electric motors to be $82,000, $72,000, and $89,000…

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A: Manufacturing Overhead Budget    Quarter  Year               1                  2…

Q: Mutiple Choice O $14.000 O$32.000 O O $47.000

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Master Budget

A master budget can be defined as an estimation of the revenue earned or expenses incurred over a specified period of time in the future and it is generally prepared on a periodic basis which can be either monthly, quarterly, half-yearly, or annually. It helps a business, an organization, or even an individual to manage the money effectively. A budget also helps in monitoring the performance of the people in the organization and helps in better decision-making. 

Sales Budget and Selling

A budget is a financial plan designed by an undertaking for a definite period in future which acts as a major contributor towards enhancing the financial success of the business undertaking. The budget generally takes into account both current and future income and expenses.