Johnston Company cleans and applies powder coat paint to metal items on a job-order basis. Johnston has budgeted the fol

[answerhappygod]

Johnston Company Cleans And Applies Powder Coat Paint To Metal Items On A Job Order Basis Johnston Has Budgeted The Fol 1 (26.32 KiB) Viewed 50 times

Johnston Company Cleans And Applies Powder Coat Paint To Metal Items On A Job Order Basis Johnston Has Budgeted The Fol 2 (27.5 KiB) Viewed 50 times

Johnston Company Cleans And Applies Powder Coat Paint To Metal Items On A Job Order Basis Johnston Has Budgeted The Fol 3 (25.87 KiB) Viewed 50 times

Johnston Company Cleans And Applies Powder Coat Paint To Metal Items On A Job Order Basis Johnston Has Budgeted The Fol 4 (23.39 KiB) Viewed 50 times

Johnston Company cleans and applies powder coat paint to metal items on a job-order basis. Johnston has budgeted the following amounts for various overhead categories in the coming year. Supplies $217,000 Gas 57.000 Indirect labor 178.000 Supervision 74,500 Depreciation on equipment 53.000 Depreciation on the buliding 41,000 Rental of special equipment 14.000 Electricity (for lighting, heating, and air conditioning) 28.700 Telephone 5.000 Landscaping service 1.100 Other overhead 52,000 In the coming year, Johnston expects to powder coat 160,000 units Each unit takes a direct tobor hours Johnston has found that supplies lind 002 (used to run the drying overall units pass through the drving ovens after powder coat paint is allud tend to vary with the number or units produced all other vorhead categods are considered to be fixed
1. Calculate the number of direct labor hours Johnston must budget for the coming year. Calculate the variable overhead rate. Calculate the total fored overhead for the coming year. When required, round your answers to the nearest cent and use the rounded answers in subsequent requirements. Direct labor hours Variable overhead rate per direct labor hour Total fixed overhead 2. Prepare an overhead budget for Johnston for the coming year show the total variable overhead, total fixed overhead, and total overhead. When required, round your answers to the nearest cent. Johnston Company Overhead Budget For the Coming Year Budouted direct labor. hours Variable overhead to Budget valable head Budgeted fixed overhead Total budostoverhead
- Calculate the fixed overhead rate and the total overhead rate. If required, round your answers to the nearest cent. Fixed overhead rate per direct labor hour Total overhead rate per direct labor hour Feedback Check My Work Prepare an overhead budget using the amounts calculated in Requirement 1 3. What if Johnston had expected to make 158,000 units next year. Assume that the variable overhead per unit does not change and the total fixed overhead amounts do not change Calculate the new budovted direct labor hours
. Prepare a new overhead budget. If required, round your answers to the nearest cent. Johnston Company New Overhead Budget For the Coming Year Budgeted direct labor hours Variable overhead rate Budgeted variable overhead Budgeted fixed overhead Total budgeted overhead Calculate the new number of budgeted direct labor hours given the change in units, use this information to prepare a new overhead budget Aho, use the new number of direct labor hours to calculate reserved overhead rate and total overhead rate. Calculate the Pored overhead rate and the total overhead date. If required, round your answers to the nearest cent. Fixed overhead rate per direct labor hour Total overhead rate per direct labor hour