Texas Rex sells t-shirts. Expected sales for each quarter is 1000, 1200, 1500, and 2000 t-shirts...
Texas Rex sells t-shirts. Expected sales for each quarter is 1000, 1200, 1500, and 2000 t-shirts at $10.00 each. They anticipate no price change.
The overhead budget shows forecasted variable and fixed overhead costs for the coming year. For Texas Rex the variable overhead rate is $5 per direct labor hour. Fixed overhead is budgeted at $1645 per quarter.
Texas Rex, Inc.
Overhead Budget
For the year ending December 31, 2018
Q1 Q2 Q3 Q4 Total
Budgeted Direct Labor hours
Variable Overhead Rate _______ _______ ________ ________ _______
Budgeted Variable Overhead
Budgeted Fixed Overhead _______ _______ ________ _______ ________
Total Overhead Cost
Calculate the Total Unit Cost:
Direct Materials
Direct Labor
Overhead
Total Unit Cost
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Texas Rex sells t-shirts. Expected sales for each
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