During the month of May a company expects to produce 5,000 tables and sell 4,000...
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Accounting
During the month of May a company expects to produce 5,000 tables and sell 4,000 tables. Create the manufacturing overhead budget for May, using the information shown below. Be sure to include both the total cost and the amount paid for manufacturing overhead.
Variable costs:
Indirect materials $5 per unit
Indirect labor $9 per unit
Electricity $4 per unit
Fixed costs:
Depreciation $9,000 per month
Insurance $2,000 per month
Indirect labor $8,000 per month
Electricity $1,000 per month
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