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Prepare an overhead budget for the months of January

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Problem - Patrick Inc. makes industrial solvents. Budgeted direct labor hours for the first 3 months of the coming year are: The variable overhead rate is $0.70 per direct labor hour. Fixed overhead is budgeted at $2,750 per month. Prepare an overhead budget for the months of January, February, and March, as well as the total for the first quarter.

Reference no: EM132873288

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