Frizell Company is preparing its manufacturing overhead budget for 2011. Relevan
ID: 2390298 • Letter: F
Question
Frizell Company is preparing its manufacturing overhead budget for 2011. Relevant data consist of the following.Units to be produced (by quarters): 11,700, 12,400, 15,600, 17,200.
Direct labor: Time is 1.9 hours per unit.
Variable overhead costs per direct labor hour: Indirect materials $0.90; indirect labor $1.10; and maintenance $0.50.
Fixed overhead costs per quarter: Supervisory salaries $34,450; depreciation $16,040; and maintenance $12,650.
Complete the manufacturing overhead budget for the year, showing quarterly data. (Round overhead rate to 2 decimal places, e.g. 10.50. Round all other answers to 0 decimal places, e.g. 125.)
FRIZELL COMPANY
Manufacturing Overhead Budget
For the Year Ending December 31, 2011
QUARTER
1 2 3 4 Year
Variable Costs
Indirect Materials $ __________ $ ________ $ ________ $ ________ $ _______
Indirect Labor __________ ________ ________ ________ _______
Maintenance __________ ________ ________ ________ _______
Total Variable ___________ ________ ________ ________ _______
Fixed Costs
Supervisory Salaries __________ ________ ________ ________ _______
Depreciation __________ ________ ________ ________ _______
Maintenance __________ ________ ________ ________ _______
Total Fixed __________ ________ ________ ________ _______
Total manufacturing overhead $_______ $_______ $_______ $_______ $______
Direct labor hours _________ ________ ________ ________ _______
Manufacturing overhead-
rate per direct labor hour $_______
Explanation / Answer
Q1
Q2
Q3
Q4
year
Variable costs
Indirect material
20007
21204
26676
29412
97299
indirect labor
24453
25916
32604
35948
118921
maintenance
11115
11780
14820
16340
54055
total variable
55575
58900
74100
81700
270275
fixed costs
Supervisory salaries
34450
34450
34450
34450
137800
Depreciation
16040
16040
16040
16040
64160
Maintenance
12650
12650
12650
12650
201960
Total fixed
63140
63140
63140
63140
252560
total MOH
118715
122040
137240
144840
522835
DL hours
22230
23560
29640
32680
108110
MOH per DL hours
4.84
Q1
Q2
Q3
Q4
year
Variable costs
Indirect material
20007
21204
26676
29412
97299
indirect labor
24453
25916
32604
35948
118921
maintenance
11115
11780
14820
16340
54055
total variable
55575
58900
74100
81700
270275
fixed costs
Supervisory salaries
34450
34450
34450
34450
137800
Depreciation
16040
16040
16040
16040
64160
Maintenance
12650
12650
12650
12650
201960
Total fixed
63140
63140
63140
63140
252560
total MOH
118715
122040
137240
144840
522835
DL hours
22230
23560
29640
32680
108110
MOH per DL hours
4.84
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