e9-7 - Name: Date: Instructor: Course: rd Managerial...

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FileName: 2164fa68ca227970e220eeb9a54d5c3eba57ba09.xls, Tab: Exercise E9-7, Page 1 of 2, 12/28/2011, 19:01:43 Name: Date: Instructor: Course: Units to be produced (by quarters) 10,000 12,000 14,000 16,000 Direct labor: Time is 1.5 hours per unit Variable overhead costs per direct labor hour: Indirect materials $0.70 indirect labor $1.20 and maintenance $0.30 Fixed overhead costs per quarter: Supervisory salaries $35,000 depreciation $16,000 and maintenance $12,000 Instructions: Prepare the manufacturing overhead budget for the year, showing quarterly data. KEYSER COMPANY Manufacturing Overhead Budget For the Year Ending December 31, 2005 Quarter 1 2 3 4 Year Units Quantity Quantity Quantity Quantity Formula Hours per unit Amount Amount Amount Amount Variable costs Indirect materials ($0.70/hour) Formula Formula Formula Formula Formula Indirect labor ($1.20/hour) Formula Formula Formula Formula Formula Maintenance ($0.30/hour) Formula Formula Formula Formula Formula Total variable Formula
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e9-7 - Name: Date: Instructor: Course: rd Managerial...

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