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The direct labor budget of Yuvwell Corporation for the upcoming fiscal year contains the following details concerning budgeted direct labor hours: |
| 1st Quarter | 2nd Quarter | 3rd Quarter | 4th Quarter | |
| Budgeted direct labor hours | 4,950 | 4,600 | 5,250 | 5,700 |
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The company’s variable manufacturing overhead rate is $1.5 per direct labor hour and the company’s fixed manufacturing overhead is $39,000 per quarter. The only noncash item included in fixed manufacturing overhead is depreciation, which is $14,000 per quarter. |
rev: 02 10 2011
7. value:
1.50 points
| Requirement 1: |
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Compute the company’s manufacturing overhead budget for the upcoming fiscal year. (Omit the “$” sign in your response.) |
| Cash disbursements for manufacturing overhead |
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| 1st Quarter | $ |
| 2nd Quarter | $ |
| 3rd Quarter | $ |
| 4th Quarter | $ |
| Year |
$ |
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rev: 02 10 2011 check my workeBook Linkreferences
8. value:
1.50 points
| Requirement 2: |
|
Compute the company’s manufacturing overhead rate (including both variable and fixed manufacturing overhead) for the upcoming fiscal year. (Round your answer to 2 decimal places. Omit the “$” sign in your response.) |
| Manufacturing overhead rate for the year | $ |