1.
Please help I dont know how to fill out this table and get the information to flow. Please help
Solution
5)Overhead budget :
Now ,to calculate selling budget I need information regarding Number of units sold.
Also,to calculate cost of goods manufactured ,I need information regarding WIP ,Raw material
(Beginning and closing)information
1 2 3 4 year
Units produced 39000 32000 50500 55500 177000
Variable overhead
Supplies (0.01) 390 [39000*.01]
320Â Â
[32000*.01]
505 555 1770
Employee benefit
(.05)
1950 [39000*.05]
1600
[32000*.05]
2525 2775 8850
Inspection (.01)
390Â Â Â
[39000*.01]
320Â Â
[32000*.01]
505 555 1770
Maintainance and
repair (.02)
780Â Â Â
[39000*.02]
640Â Â
[32000*.02]
1010 1110 3540
utilities (.01)
390Â Â Â
[39000*.01']
320Â Â
[32000*.01]
505 555 1770
Total variable cost
(A)
3900 3200 5050 5550 17700
Total fixed cost (B) 1500 1500 1500 1500
6000Â Â
[1500*4quarters]
Total overhead
(A+B)
5400 4700 6550 7050 23700