The Bakery Department of Culbert Dessert Corporation has submitted the following forecast of fruit pies to be produced by quarter forthe upcoming fiscal year.Units to be producedFirstQuarter9,300Second ThirdQuarter Quarter12,300 10,300Units to be producedDirect labour time per unit (hours)Total direct labour-hours neededDirect labour cost per hourTotal direct labour costEach unit requires 0.40 direct labour-hours, and direct labour-hour workers are paid $9.00 per hour.In addition, the variable manufacturing overhead rate is $1.00 per direct labour-hour. The fixed manufacturing overhead is $26,250 perquarter. The only non-cash element of manufacturing overhead is depreciation, which is $7,650 per quarter.Required:1. Prepare the company's direct labour budget for the upcoming fiscal year, assuming that the direct labour workforce is adjusted eachquarter to match the number of hours required to produce the forecast number of units produced.FourthQuarter14,300Culbert Dessert CorporationDirect Labour BudgetSecondQuarterFirstQuarterThirdQuarterFourthQuarterYear2. Prepare the company's manufacturing overhead budget. As per Schedule 5, your manufacturing overhead budget should alsoinclude the budgeted cash disbursements for overhead. 2. Prepare the company's manufacturing overhead budget. As per Schedule 5, your manufacturing overhead budget should alsoinclude the budgeted cash disbursements for overhead.Budgeted direct labour-hoursVariable overhead rateVariable manufacturing overheadFixed manufacturing overheadTotal manufacturing overheadCash disbursements for manufacturing overheadCulbert Dessert CorporationManufacturing Overhead BudgetFirstQuarter< PrevՈ.SecondQuarter3 of 7ThirdQuarterFourthQuarter# Next >Year4

Direct Labour Cost Budget Calculates The Total Direct Labour - Hours Needed To Manufacture The Units…

he Bakery Department of Culbert Dessert Corporation has submitted the following forecast of fruit pies to be pr e upcoming fiscal year. Units to be produced First Second Third Quarter Quarter Quarter 9,300 12,300 10,300 Fourth Quarter 14,300

he Bakery Department of Culbert Dessert Corporation has submitted the following forecast of fruit pies to be pr e upcoming fiscal year. Units to be produced First Second Third Quarter Quarter Quarter 9,300 12,300 10,300 Fourth Quarter 14,300

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter6: Activity-based, Variable, And Absorption Costing

Section: Chapter Questions

Problem 1PB: Bobcat uses a traditional cost system and estimates next years overhead will be $800.000, as driven...

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If a factory operates at 100% of capacity one month, 90% of capacity the next month, and 105% of capacity the next month, will a different cost per unit be charged to the work-in-process account each month for factory overhead assuming that a predetermined annual overhead rate is used?
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