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    Factory Overhead Budget

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    Deanne Padilla
    The document provides a flexible budget formula for factory overhead (FOH) costs at Nadal company. The formula shows FOH is equal to $20,000 in fixed costs plus $1 per labor hour. Given normal capacity of 2,500 units where each unit requires 4 labor hours, the missing amounts in the budget are: A) 10,000 hours, B) $20,000, C) $10,000, D) $30,000, E) $2, F) $1, G) $4. If actual hours are 7,500, budgeted FOH is $35,000. If standard hours are 8,000, budgeted FOH is $38,000.

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    Factory Overhead Budget

    Uploaded by

    Deanne Padilla
    96 views1 page
    The document provides a flexible budget formula for factory overhead (FOH) costs at Nadal company. The formula shows FOH is equal to $20,000 in fixed costs plus $1 per labor hour. Given normal capacity of 2,500 units where each unit requires 4 labor hours, the missing amounts in the budget are: A) 10,000 hours, B) $20,000, C) $10,000, D) $30,000, E) $2, F) $1, G) $4. If actual hours are 7,500, budgeted FOH is $35,000. If standard hours are 8,000, budgeted FOH is $38,000.

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    The document provides a flexible budget formula for factory overhead (FOH) costs at Nadal company. The formula shows FOH is equal to $20,000 in fixed costs plus $1 per labor hour. Given normal capacity of 2,500 units where each unit requires 4 labor hours, the missing amounts in the budget are: A) 10,000 hours, B) $20,000, C) $10,000, D) $30,000, E) $2, F) $1, G) $4. If actual hours are 7,500, budgeted FOH is $35,000. If standard hours are 8,000, budgeted FOH is $38,000.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    96 views1 page

    Factory Overhead Budget

    Uploaded by

    Deanne Padilla
    The document provides a flexible budget formula for factory overhead (FOH) costs at Nadal company. The formula shows FOH is equal to $20,000 in fixed costs plus $1 per labor hour. Given normal capacity of 2,500 units where each unit requires 4 labor hours, the missing amounts in the budget are: A) 10,000 hours, B) $20,000, C) $10,000, D) $30,000, E) $2, F) $1, G) $4. If actual hours are 7,500, budgeted FOH is $35,000. If standard hours are 8,000, budgeted FOH is $38,000.

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    1.

    FACTORY OVERHEAD BUDGET


    Nadal company shows the following data regarding its factory overhead:

    Flexible Budget Formula:FOH= 20,000 + 1 X

    Where: X - number of labor hours


     Standard: 1 unit of product requires 4 labor hours
     Normal capacity: 2,500 units
     Budgeted Hours: A)_____hours

    Fixed Overhead B)
    Variable overhead C) Fixed overhead rate E)
    Total Budgeted D) Variable Overhead F)
    Overhead Standard overhead G)
    rate

    REQUIRED
    1. Compute for the missing amounts.
    2. What is the budgeted FOH if adjusted based on 7,500 actual hour
    3. What is the budgeted FOH if adjusted based on 8,000 standard

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