From the Following Details Provided by NutShell Inc Fixed Overhead Costs

question 45

Essay

From the following details provided by NutShell Inc., prepare the manufacturing overhead budget for the year 2015.
$$\begin{array} { l c c c c } & \text { First } & \text { Second } & \text { Third } & \text { Fourth } \\& \text { Quarter } & \text { Quarter } & \text { Quarter } & \text { Quarter } \\\text { Budgeted production units } & 15,000 & 18,000 & 21,000 & 24,000 \\\text { Variable overhead cost per unit } & \$ 45 & \$ 45 & \$ 45 & \$ 45\end{array}$$ Fixed overhead costs:
$$\begin{array} { l l l l l } \text { Depreciation } & \$ 3,000 & \$ 3,000 & \$ 3,000 & \$ 3,000 \\\text { Supplies, insurance } & 5,000 & 5,750 & 6 , 2 5 0 & 7,250 \\\text { Direct labor hours } & 12,500 & 7,500 & 17,200 & 12,800\end{array}$$ Prepare the manufacturing overhead budget for the year 2015. Also, calculate the overhead allocation rate, using direct labor hours as the allocation base.

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Definitions:

Effective Listener

A person who actively engages in listening, fully concentrating, understanding, and responding thoughtfully to what is being said.

Judges Content

The evaluation and assessment of content by an individual or panel with expertise or authority in a specific field.

Delivery

The act of transporting or conveying an item from one location to another, also applicable in contexts such as speech where it refers to the manner of presenting information.

Ineffective Listening

A poor communication practice where the listener fails to fully receive or understand the speaker's message, leading to misunderstandings.