Wed 8 Nov, 2017 03:30 pm
The company units to be produced: January 59075, February 69825, March 82950, & Quarter 211850. The company budgets indirect materials (e.g., salt, oil) at $0.05 per bag. company treats indirect labor and utilities as mixed costs. The variable components are $0.40 per bag for indirect labor and $0.20 per bag for utilities. The following fixed costs per month are budgeted for indirect labor, $18,000, utilities, $4,000, and other, $12,000. Prepare a Manufacturing Overhead budget.