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Winslow Company expects sales of its financial calculators to be $201,000 in the first quarter and $242,000 in the second quarter. Its variable overhead is approximately 18 percent of sales, and fixed overhead costs are $54,000 per quarter. Compute Winslow’s manufacturing overhead budget for the first two quarters.

Respuesta :

Answer:

(a) $90,180

(b) $94,560

Explanation:

Given that,

Sales in the first quarter = $201,000

Sales in the second quarter = $242,000

Variable overhead = 18% of sales

Fixed overhead costs = $54,000 per quarter

Budgeted manufacturing overhead for 1st Quarter:

= Variable overhead + Fixed overhead costs

= ($201,000 × 18%) + $54,000

= $36,180 + $54,000

= $90,180

Budgeted manufacturing overhead for 2nd Quarter:

= Variable overhead + Fixed overhead costs

= ($242,000 × 18%) + $54,000

= $43,560 + $51,000

= $94,560

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