Question - Fresh Mint Candy Company budgeted the following costs for anticipated production for July 2008
Advertising expense $275,000
Production supervisor wages $125,000
Manufacturing supplies $14,000 Production control salaries $33,000
Power and light $42,000 Executive officer salaries $205,000
Sales commissions $ 290,000 Materials management salaries $ 29,000
Factory insurance $23,000 Factory depreciation $17,000
Prepare a factory overhead budget, separating variable and fixed costs. Assume that factory insurance and depreciation are the only factory fixed costs.