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6 November, 03:09

For Blossom Inc., variable manufacturing overhead costs are expected to be $21,050 in the first quarter of 2020, with $4,220 increments in each of the remaining three quarters. Fixed overhead costs are estimated to be $35,750 in each quarter. Prepare the manufacturing overhead budget by quarters and in total for the year.

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  1. 6 November, 06:17
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    The preparation of the manufacturing overhead budget by quarters and in total for the year is shown below:

    Particulars Quarter 1 Quarter 2 Quarter 3 Quarter 4 Total

    Variable manufacturing

    overhead costs $21,050 $25,270 $29,490 $33,710 $109,520

    Fixed overhead costs $35,750 $35,750 $35,750 $35,750 $143,000

    Total manufacturing $56,800 $61,020 $65,240 $69,490 $252,520

    costs

    The variable manufacturing overhead costs is increased by $4,220 in every following quarter.
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