Budgeted Total Overhead Assignment

Check my work X-Tel budgets sales of $76,000 for April, $104,000 for May, and $68,000 for June In addition, sales commissions are 10% of sales dollars and the company pays a sales manager a salary of $7,600 per month. Sales commissions and salaries are paid in the month incurred Prepare a selling expense budget for April, May, and June. X-TEL Selling Expense Budget For April, May, and June April May June Budgeted sales Sales commissions 244 F di 6/30/28 to search

2 Each unit requires 3 pounds of direct materials, which cost $6 per pound. The company's policy is to maintain direct materials inventory equal to 30% of the next month's direct materials requirement. As of June 30, the company has 4,410 pounds of direct materials in inventory, which complies with the policy. Prepare a direct materials budget for July MIAMI SOLAR Direct Materials Budget For Month Ended July 31 Budget production (units) 4,900 Materials needed for production (Ibs.) Total materials requirements (Ibs.) Materials to be purchased (lbs.) Budgeted cost of direct materials purchases 3 4 5 of 10 Next> QS 7-14 Manufacturing: Direct labor budget LO P1 Each unit requires 4 hours of direct labor at a rate of $15 per hour. Prepare a direct labor budget for July MIAMI SOLAR Direct Labor Budget For Month Ended July 31 Budgeted production 4,900 Total labor hours needed Budgeted cost of direct labor Check my work Use the following information for the Quick Study below. Miami Solar manufactures solar panels for industrial use. The company budgets production of 4,900 units (solar panels) in July and 5,700 units in August QS 7-15 Manufacturing: Factory overhead budget LO P1 Each unit requires 4 hours of direct labor at a rate of $15 per hour. Variable factory overhead is budgeted to be 80 % of direct labor cost, and fixed factory overhead is $188,000 per month. Prepare a factory overhead budget for August MIAMI SOLAR Factory Overhead Budget For Month Ended August 31 Budgeted total overhead CEP of 10.