Answer Happy

Martinez Company is preparing its manufacturing overhead
budget for 2022. Relevant data consist of the following.

Quarterly units production: Q1 -9,400, Q2-11,500, Q3-13,300,
Q4-15,900.

Direct labor: Labor required is 1 hour per unit.

Variable overhead costs per direct labor hour: Indirect materials
$0.80; indirect labor $1.10; and maintenance $0.50.

Fixed overhead costs per quarter: Supervisory salaries $42,500;
depreciation $15,300; and maintenance $11,700.

Prepare the manufacturing overhead budget for the year, showing
quarterly data. (List variable costs before fixed
costs.)
MARTINEZ COMPANY
Manufacturing Overhead Budget
choose the accounting period



For the Year Ending December 31,
2019December 31, 2019For the Month Ending December 31, 2019
First
Quarter
Second
Quarter
Third
Quarter
Fourth
Quarter
Year
select an item



Total manufacturing overheadFixed
costsIndirect laborMaintenanceDepreciationManufacturing overhead
rate per direct labor hourIndirect materialsVariable costsTotal
fixed costsDirect labor hoursSupervisory salariesTotal variable
costs
enter a number of hours
enter a number of hours
enter a number of hours
enter a number of hours
enter a number of hours
select an opening name for section one



Manufacturing overhead
rate per direct labor hourIndirect laborTotal manufacturing
overheadIndirect materialsFixed costsTotal fixed costsVariable
costsSupervisory salariesTotal variable costsDirect labor
hoursMaintenanceDepreciation
select an item



DepreciationSupervisory
salariesFixed costsIndirect materialsTotal manufacturing
overheadVariable costsTotal variable costsDirect labor
hoursManufacturing overhead rate per direct labor
hourMaintenanceTotal fixed costsIndirect labor
$enter a dollar amount
$enter a dollar amount
$enter a dollar amount
$enter a dollar amount
$enter a dollar amount
select an item



Variable costsTotal variable
costsIndirect materialsManufacturing overhead rate per direct labor
hourSupervisory salariesTotal fixed costsTotal manufacturing
overheadDirect labor hoursFixed costsMaintenanceIndirect
laborDepreciation
enter a dollar amount
enter a dollar amount
enter a dollar amount
enter a dollar amount
enter a dollar amount
select an item



Total fixed costsDepreciationTotal
variable costsIndirect laborVariable costsManufacturing overhead
rate per direct labor hourTotal manufacturing overheadIndirect
materialsMaintenanceFixed costsSupervisory salariesDirect labor
hours
enter a dollar amount
enter a dollar amount
enter a dollar amount
enter a dollar amount
enter a dollar amount
select a closing name for section one



Fixed costsTotal fixed
costsManufacturing overhead rate per direct labor
hourMaintenanceTotal variable costsTotal manufacturing
overheadSupervisory salariesDirect labor hoursIndirect
laborDepreciationIndirect materialsVariable costs
enter a total amount for section one
enter a total amount for section one
enter a total amount for section one
enter a total amount for section one
enter a total amount for section one
select an opening name for section two



MaintenanceTotal
manufacturing overheadTotal fixed costsIndirect laborVariable
costsManufacturing overhead rate per direct labor hourFixed
costsTotal variable costsIndirect materialsDepreciationSupervisory
salariesDirect labor hours
select an item



Variable costsIndirect
materialsMaintenanceTotal variable costsIndirect laborManufacturing
overhead rate per direct labor hourDirect labor hoursTotal
manufacturing overheadSupervisory salariesDepreciationTotal fixed
costsFixed costs
enter a dollar amount
enter a dollar amount
enter a dollar amount
enter a dollar amount
enter a dollar amount
select an item



Fixed costsIndirect laborDirect
labor hoursTotal variable costsManufacturing overhead rate per
direct labor hourSupervisory salariesMaintenanceDepreciationTotal
fixed costsTotal manufacturing overheadIndirect materialsVariable
costs
enter a dollar amount
enter a dollar amount
enter a dollar amount
enter a dollar amount
enter a dollar amount
select an item



Supervisory
salariesMaintenanceIndirect laborDirect labor hoursManufacturing
overhead rate per direct labor hourTotal variable costsFixed
costsIndirect materialsTotal fixed costsTotal manufacturing
overheadDepreciationVariable costs
enter a dollar amount
enter a dollar amount
enter a dollar amount
enter a dollar amount
enter a dollar amount
select a closing name for section two



Indirect laborDirect
labor hoursDepreciationTotal variable costsIndirect
materialsManufacturing overhead rate per direct labor
hourSupervisory salariesTotal fixed costsFixed costsVariable
costsTotal manufacturing overheadMaintenance
enter a total amount for section two
enter a total amount for section two
enter a total amount for section two
enter a total amount for section two
enter a total amount for section two
select a closing name for this budget



Direct labor
hoursIndirect laborIndirect materialsTotal fixed costsVariable
costsFixed costsDepreciationTotal variable costsManufacturing
overhead rate per direct labor hourSupervisory
salariesMaintenanceTotal manufacturing overhead
$enter a total amount for this budget
$enter a total amount for this budget
$enter a total amount for this budget
$enter a total amount for this budget
$enter a total amount for this budget
Manufacturing overhead rate per direct labor
hour $enter the manufacturing overhead rate
per direct labor hour in dollars rounded to 2 decimal
places (Round answers to 2 decimal places,
e.g. 52.75.)