Butler Corporation has forecast production for the next four months as follows: July 15,300 units,...
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Butler Corporation has forecast production for the next four months as follows: July 15,300 units, August 16,900 units, September 18,200 units, and October 18,400 units. Manufacturing overhead is budgeted to be $19,500 (depreciation $2,300, supervision $7,300, factory lease $1,800, maintenance $4,300, training $3,800) plus $5 per unit produced ($3 indirect materials, $2 utilities).
Required: Prepare a manufacturing overhead budget for the quarter ending September 30.
Butler Corporation Manufacturing Overhead Budget For the Quarter Ending September
July
August
September
Total
Budgeted production (units)
15,300
16,900
18,200
50,400
Variable overhead rate
Budgeted variable manufacturing overhead
Budgeted fixed manufacturing overhead
19,500
19,500
19,500
58,500
Total budgeted manufacturing overhead
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