Question

Factory Overhead Cost Budget Venus Candy Company budgeted the following costs for anticipated production for July...

Factory Overhead Cost Budget Venus Candy Company budgeted the following costs for anticipated production for July 2016: Advertising expenses $278,320 Manufacturing supplies 15,250 Power and light 45,500 Sales commissions 300,700 Factory insurance 26,490 Production supervisor wages 133,810 Production control wages 34,790 Executive officer salaries 283,680 Materials management wages 38,270 Factory depreciation 21,680 Prepare a factory overhead cost budget, separating variable and fixed costs. Assume that factory insurance and depreciation are the only fixed factory costs. Venus Candy Company Factory Overhead Cost Budget For the Month Ending July 31, 2016 Variable factory overhead costs: $ Total variable factory overhead costs $ Fixed factory overhead costs: $ Total fixed factory overhead costs Total factory overhead costs $

Homework Answers

Answer #1

Particulars

Amount ($)

Amount ($)

Variable factory overhead costs:

Advertising expenses

278320

manufacturing supplies

15250

Power and light

45500

Sales commission

300700

Production supervisor wages

133810

Production control wages

34790

Executive officer salary

283680

Material management wages

38270

(A): Total Variable factory overhead costs:

1130320

Fixed factory overhead costs:

Factory insurance

26490

Factory depreciation

21680

(B): Total Fixed factory overhead costs:

48170

Total factory overhead costs (A +B)

1178490

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Venus Candy Company budgeted the following costs for anticipated production for July 2016: Advertising expenses $277,310...
Venus Candy Company budgeted the following costs for anticipated production for July 2016: Advertising expenses $277,310 Manufacturing supplies 15,200 Power and light 45,330 Sales commissions 310,050 Factory insurance 26,400 Production supervisor wages 133,320 Production control wages 34,660 Executive officer salaries 282,640 Materials management wages 38,130 Factory depreciation 21,600 Prepare a factory overhead cost budget, separating variable and fixed costs. Assume that factory insurance and depreciation are the only fixed factory costs. Venus Candy Company Factory Overhead Cost Budget For the...
Venus Candy Company budgeted the following costs for anticipated production for July 2016: Advertising expenses $292,250...
Venus Candy Company budgeted the following costs for anticipated production for July 2016: Advertising expenses $292,250 Manufacturing supplies 16,020 Power and light 47,770 Sales commissions 319,330 Factory insurance 27,820 Production supervisor wages 140,510 Production control wages 36,530 Executive officer salaries 297,870 Materials management wages 40,180 Factory depreciation 22,760 Prepare a factory overhead cost budget, separating variable and fixed costs. Assume that factory insurance and depreciation are the only fixed factory costs. Venus Candy Company Factory Overhead Cost Budget For the...
Factory Overhead Cost Budget Sweet Tooth Candy Company budgeted the following costs for anticipated production for...
Factory Overhead Cost Budget Sweet Tooth Candy Company budgeted the following costs for anticipated production for August: Advertising expenses $259,280 Manufacturing supplies 14,210 Power and light 42,380 Sales commissions 289,890 Factory insurance 24,680 Production supervisor wages 124,660 Production control wages 32,410 Executive officer salaries 264,270 Materials management wages 35,650 Factory depreciation 20,200 Prepare a factory overhead cost budget, separating variable and fixed costs. Assume that factory insurance and depreciation are the only fixed factory costs. Sweet Tooth Candy Company Factory...
Factory Overhead Cost Budget Sweet Tooth Company budgeted the following costs for anticipated production for August:...
Factory Overhead Cost Budget Sweet Tooth Company budgeted the following costs for anticipated production for August: Advertising expenses $259,400 Manufacturing supplies 14,220 Power and light 42,400 Sales commissions 290,020 Factory insurance 24,690 Production supervisor wages 124,710 Production control wages 32,420 Executive officer salaries 264,390 Materials management wages 35,670 Factory depreciation 20,210 Prepare a factory overhead cost budget, separating variable and fixed costs. Assume that factory insurance and depreciation are the only fixed factory costs. Sweet Tooth Company Factory Overhead Cost...
Factory Overhead Cost Budget Sweet Tooth Company budgeted the following costs for anticipated production for August:...
Factory Overhead Cost Budget Sweet Tooth Company budgeted the following costs for anticipated production for August: Advertising expenses $258,530 Manufacturing supplies 14,170 Power and light 42,260 Sales commissions 282,490 Factory insurance 24,610 Production supervisor wages 124,300 Production control wages 32,320 Executive officer salaries 263,510 Materials management wages 35,540 Factory depreciation 20,140 Prepare a factory overhead cost budget, separating variable and fixed costs. Assume that factory insurance and depreciation are the only fixed factory costs. Sweet Tooth Company Factory Overhead Cost...
Factory Overhead Cost Budget Sweet Tooth Company budgeted the following costs for anticipated production for August:...
Factory Overhead Cost Budget Sweet Tooth Company budgeted the following costs for anticipated production for August: Advertising expenses $280,130 Manufacturing supplies 15,350 Power and light 45,790 Sales commissions 313,210 Factory insurance 26,660 Production supervisor wages 134,680 Production control wages 35,020 Executive officer salaries 285,520 Materials management wages 38,520 Factory depreciation 21,820 Prepare a factory overhead cost budget, separating variable and fixed costs. Assume that factory insurance and depreciation are the only fixed factory costs. Sweet Tooth Company Factory Overhead Cost...
Sweet Tooth Company budgeted the following costs for anticipated production for August: Advertising expenses $255,440 Manufacturing...
Sweet Tooth Company budgeted the following costs for anticipated production for August: Advertising expenses $255,440 Manufacturing supplies 14,000 Power and light 41,760 Sales commissions 285,610 Factory insurance 24,320 Production supervisor wages 122,810 Production control wages 31,930 Executive officer salaries 260,360 Materials management wages 35,120 Factory depreciation 19,890 Prepare a factory overhead cost budget, separating variable and fixed costs. Assume that factory insurance and depreciation are the only fixed factory costs. Sweet Tooth Company Factory Overhead Cost Budget For the Month...
Flexible Overhead Budget Leno Manufacturing Company prepared the following factory overhead cost budget for the Press...
Flexible Overhead Budget Leno Manufacturing Company prepared the following factory overhead cost budget for the Press Department for October of the current year, during which it expected to require 11,000 hours of productive capacity in the department: Variable overhead costs:    Indirect factory labor $106,700    Power and light 4,400    Indirect materials 29,700       Total variable overhead cost $140,800 Fixed overhead costs:    Supervisory salaries $49,280    Depreciation of plant and equipment 30,980    Insurance and property taxes 19,710       Total fixed overhead cost 99,970 Total factory...
Flexible Overhead Budget Leno Manufacturing Company prepared the following factory overhead cost budget for the Press...
Flexible Overhead Budget Leno Manufacturing Company prepared the following factory overhead cost budget for the Press Department for October of the current year, during which it expected to require 16,000 hours of productive capacity in the department: Variable overhead costs:    Indirect factory labor $152,000    Power and light 7,200    Indirect materials 46,400       Total variable overhead cost $205,600 Fixed overhead costs:    Supervisory salaries $71,960    Depreciation of plant and equipment 45,230    Insurance and property taxes 28,780       Total fixed overhead cost 145,970 Total factory...
Flexible Overhead Budget Leno Manufacturing Company prepared the following factory overhead cost budget for the Press...
Flexible Overhead Budget Leno Manufacturing Company prepared the following factory overhead cost budget for the Press Department for October of the current year, during which it expected to require 16,000 hours of productive capacity in the department: Variable overhead costs:    Indirect factory labor $137,600    Power and light 5,600    Indirect materials 35,200       Total variable overhead cost $178,400 Fixed overhead costs:    Supervisory salaries $62,440    Depreciation of plant and equipment 39,250    Insurance and property taxes 24,980       Total fixed overhead cost 126,670 Total factory...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT