The direct labor budget of Yuvwell Corporation for the upcoming fiscal year cont
ID: 2375048 • Letter: T
Question
The direct labor budget of Yuvwell Corporation for the upcoming fiscal year contains the following details concerning budgeted direct labor-hours:
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 $14,000 per quarter.
Compute the company's manufacturing overhead budget for the upcoming fiscal year. (Omit the "$" sign in your response.)
$
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.)
The direct labor budget of Yuvwell Corporation for the upcoming fiscal year contains the following details concerning budgeted direct labor-hours:
Explanation / Answer
1. 1st quarter 7425+25000=32425
2nd quarter 6900+25000=31900
3 quarter 7875+25000=32875
4 quarter 8550+25000=33550
year = 130750
2.manufacturing overhead rate=186750