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From the Following Details Provided by NutShell,Inc

question 51

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From the following details provided by NutShell,Inc. ,prepare the manufacturing overhead budget for the year.Also,calculate the predetermined overhead allocation rate,using direct labor hours as the allocation base.
 First  Second  Third  Fourth  Quarter  Quarter  Quarter  Quarter  Budgeted production units 15,00018,00021,00024,000 Variable overhead cost per unit $45$45$45$45 Fixed overhead costs:  Depreciation $3,000$3,000$3,000$3,000 Rent $5,000$5,750$6,250$7,250 Direct Labor Hours 12,50014,50017,20012,800\begin{array}{|l|r|r|r|r|}\hline&\text { First } & \text { Second } & \text { Third } & \text { Fourth } \\&\text { Quarter } & \text { Quarter } & \text { Quarter } & \text { Quarter }\\\hline \text { Budgeted production units } & 15,000 & 18,000 & 21,000 & 24,000 \\\hline \text { Variable overhead cost per unit } & \$ 45 & \$ 45 & \$ 45 & \$ 45 \\\hline \text { Fixed overhead costs: } & & & & \\\hline \text { Depreciation } & \$ 3,000 & \$ 3,000 & \$ 3,000 & \$ 3,000 \\\hline \text { Rent } & \$ 5,000 & \$ 5,750 & \$ 6,250 & \$ 7,250 \\\hline \text { Direct Labor Hours } & 12,500 & 14,500 & 17,200 & 12,800 \\\hline\end{array}

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