Question

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 Budget
For the Month Ending August 31
Variable factory overhead costs:
	$
Total variable factory overhead costs		$
Fixed factory overhead costs:
	$
Total fixed factory overhead costs
Total factory overhead costs		$

Answer 1

Sweet Tooth Company
Factory Overhead Cost Budget
For the Month Ending August 31
Variable factory overhead costs:
Manufacturing supplies	15350
Power and light	45790
Production supervisor wages	134680
Production control wages	35020
Materials management wages	38520
Total variable factory overhead costs		269360
Fixed factory overhead costs:
Factory insurance	26660
Factory depreciation	21820
Total fixed factory overhead costs		48480
Total factory overhead costs		317840