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Prepare a spreadsheet of an overhead budget for the company in Problem 5 on page

ID: 2504352 • Letter: P

Question

Prepare a spreadsheet of an overhead budget for the company in Problem 5 on page 216 of the textbook.

You have been running a construction company out of your home with your

spouse helping you keep the books. The company has grown and has begun

to take up too much of your and your spouses time. The decision has been

made to hire a part-time estimator to help you with the bidding and a full-

time office manager. The office managers duties will include accounting,

receptionist, and secretarial duties. By hiring the new personnel you will

need to move the companys operations out of your home and into an office.

Ck Num Date Payee Account Amount

4990 01/07/04 Gas Company Office Utilities         231.13

5004 01/21/04 Power Company Office Utilities         100.35

5029 02/06/04 Gas Company Office Utilities         291.01

5035 02/20/04 Power Company Office Utilities           99.56

5036 03/05/04 Gas Company Office Utilities         273.12

5047 03/19/04 Power Company Office Utilities         105.22

5073 04/02/04 Gas Company Office Utilities         206.65

5103 04/16/04 Power Company Office Utilities           80.47

5133 05/08/04 Power Company Office Utilities           86.42

5159 05/22/04 Gas Company Office Utilities         159.23

5181 06/02/04 Power Company Office Utilities           80.21

5182 06/16/04 Gas Company Office Utilities           89.91

5204 07/07/04 Power Company Office Utilities         106.06

5229 07/21/04 Gas Company Office Utilities           71.51

5233 07/30/04 Gas Company Office Utilities           44.73

5262 08/13/04 Power Company Office Utilities         113.69

5272 09/02/04 Power Company Office Utilities           98.81

5287 09/16/04 Gas Company Office Utilities           48.72

5295 10/09/04 Gas Company Office Utilities           54.52

5315 10/23/04 Power Company Office Utilities           95.44

5323 10/29/04 Gas Company Office Utilities           62.94

5344 11/12/04 Power Company Office Utilities           77.10

5366 12/07/04 Gas Company Office Utilities         109.23

5375 12/11/04 Power Company Office Utilities         111.51

Total       2,797.54

ITEM COST

Estimator

Explanation / Answer

Prepare a spreadsheet of an overhead budget for the company in Problem 5 on page