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Company produces snowboards. Each snowboard requires 1 pounds of carbon fiber. Management reports that 5,700 snowboards and 6,700 pounds of carbon fiber are in inventory at the beginning of the third quarter, and that 157,000 snowboards are budgeted to be sold during the third quarter. Management wants to end the third quarter with 4,200 snowboards and 4,700 pounds of carbon fiber in inventory. Carbon fiber costs $22 per pound. Each snowboard requires 0.5 hour of direct labor at $27 per hour. Variable overhead is budgeted at the rate of $15 per direct labor hour. The company budgets fixed overhead of $1,789,000 for the quarter. 4. Prepare the factory overhead budget for the third quarter. X Answer is not complete. BLACK DIAMOND COMPANY Factory Overhead Budget Third Quarter 77,750 22 X 22 X Direct labor hours needed Variable overhead rate per direct labor hour Budgeted variable overhead Budgeted fixed overhead Budgeted total factory overhead $ s 1,789,000 C < Prev 10 of 12 Next >
Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicat equired information [The following information applies to the questions displayed below.] Black Diamond