Overhead budgeting
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Use the following to answer questions 12-13:
The Culver Company is preparing its Manufacturing Overhead Budget for the third quarter of the year. Budgeted variable factory overhead is $3.00 per unit produced; budgeted fixed factory overhead is $75,000 per month, with $16,000 of this amount being factory depreciation.
12. If the budgeted production for August is 5,000 units, then the total budgeted factory overhead per unit is:
A) $15. C) $20.
B) $18. D) $22.
13. If the budgeted production for July is 6,000 units, then the total budgeted factory overhead for July is:
A) $77,000. C) $85,000.
B) $82,000. D) $93,000.
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