How much is the total factory overhead for the quarter

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Reference no: EM132835902

Britain corporation is preparing its factory overhead cost budget for the third quarter of 2021. the management plans to produce 200,000 for the said quarter. past experience has shown that the company's product is produced at the rate of 4 units per hour.

Variable rates per direct labor as follows:

Indirect materials and supplies 0.76
power 1.36
repairs and maintenance 2.8
other variable overhead 0.96
total 5.88

total fixed overhead cost is budgeted at 147,200. For product costing purposes. a fixed overhead rate of P3.20 direct labor hour has been established.

Problem 1: How much is the total factory overhead for the quarter?

a. 441,200
b. 454,000
c. 417,680

Reference no: EM132835902

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