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From the Following Details Provided by NutShell,Inc

question 62

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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 15,00018,0021,00024,000 Variable overhead cost per urit $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 & 18,00 & 21,000 & 24,000 \\\hline \text { Variable overhead cost per urit } & \$ 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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Definitions:

Sterilized

Made free from all living microorganisms and their spores, typically through methods like autoclaving, irradiation, or chemical sterilization.

Vaginal Specula

Instruments used in medical procedures to dilate the vagina for examination of the vagina and cervix.

Autoclave

A device used to sterilize equipment and supplies by subjecting them to high-pressure saturated steam, essential for preventing infections.

Degrees Fahrenheit

A temperature scale where water's freezing point is 32 degrees and its boiling point is 212 degrees, given standard atmospheric conditions.

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