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Calculate the overhead budget for the coming year

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Reference no: EM132581195

A company produces Products PS and TG and has budgeted to produce 6,000 units of Product PS and 1,000 units of Product TG in the coming year.

The following data about the machine hours required to produce Products PS and TG and the standard production overheads per machine hour is relevant to the coming year.

                      PS per unit           TG per unit

Machine hours      8                         12

Production overheads per machine hour

Variable $1.54 per machine hour

Fixed $0.54 per machine hour

Required:

Question 1: Calculate the overhead budget for the coming year.

Reference no: EM132581195

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