Factory Overhead Cost Budget Sweet Tooth Candy Company budgeted the following costs for anticipated production for...

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Factory Overhead Cost Budget Sweet Tooth Candy Company budgeted the following costs for anticipated production for August: Ad

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Answer 1

Answer #1

SWEET TOOTH CANDY COMPANY

Factory Overhead Cost Budget

For the Month Ending August 31

Variable factory overhead costs:
Manufacturing supplies	$16,220
Power and light	$48,380
Production supervisor wages	$142,310
Production control wages	$37,000
Materials management wages	$40,700
Total variable factory overhead costs		$284,610
Fixed factory overhead costs:
Factory insurance	$28,180
Factory depreciation	$23,050
Total fixed factory overhead		$51,230
Total factory overhead costs		$335,840

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