The fixed overhead and variable costs for product manufacturing company SCANDAL Pope Rowan are listed below:
Variable overhead costs:
Indirect material $ 2.15
Indirect labor $ 1.55
Utilities $0.55
Salaries of supervisors $ 25,000
Depreciation $ 16,000
Other $ 3,000
Production (in units) budgeted for each quarter is:
First quarter 27,820
Second quarter 32,240
Third quarter 29,770
Fourth quarter 28.860
Requested:
Prepare a quarterly manufacturing overhead budget for 2016.