Question

(NM 6) The direct labor budget of Yuvwell Corporation for the upcoming fiscal year contains the...

(NM 6)

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 . . .     8,000                     8,200                    8,500                    7,800

The company’s variable manufacturing overhead rate is $ 3.25 per direct labor hour and the company’s fixed manufacturing overhead is $ 48,000 per quarter. The only noncash item included in fixed manufacturing overhead is depreciation, which is $ 16,000 per quarter.

Required:

Calculate the company’s cash disbursements for manufacturing overhead for the upcoming fiscal year.

Homework Answers

Answer #1

Calculate the company’s cash disbursements for manufacturing overhead for the upcoming fiscal year.

1st quarter 2nd quarter 3rd quarter 4th quarter Year
Direct labour hour 8000 8200 8500 7800 32500
Variable manufacturing overhead rate per hour 3.25 3.25 3.25 3.25 3.25
Variable manufacturing overhead 26000 26650 27625 25350 105625
Fixed manufacturing overhead 48000 48000 48000 48000 192000
Total manufacturing overhead 74000 74650 75625 73350 297625
Less: Depreciation (16000) (16000) (16000) (16000) (64000)
Cash disbursements for manufacturing overhead 58000 58650 59625 57350 233625
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