For Blossom Inc., variable manufacturing overhead costs are expected to be $21,050 in the first quarter of 2020, with $4,220 increments in each of the remaining three quarters. Fixed overhead costs are estimated to be $35,750 in each quarter. Prepare the manufacturing overhead budget by quarters and in total for the year.

Question

Business

Dax Webb

3 September, 04:21

For Blossom Inc., variable manufacturing overhead costs are expected to be $21,050 in the first quarter of 2020, with $4,220 increments in each of the remaining three quarters. Fixed overhead costs are estimated to be $35,750 in each quarter. Prepare the manufacturing overhead budget by quarters and in total for the year.

+4

Answers (1)

Know the Answer?

Priscilla Yu · Answer 1

The preparation of the manufacturing overhead budget by quarters and in total for the year is shown below:

Particulars Quarter 1 Quarter 2 Quarter 3 Quarter 4 Total

Variable manufacturing

overhead costs $21,050 $25,270 $29,490 $33,710 $109,520

Fixed overhead costs $35,750 $35,750 $35,750 $35,750 $143,000

Total manufacturing $56,800 $61,020 $65,240 $69,490 $252,520

costs

The variable manufacturing overhead costs is increased by $4,220 in every following quarter.