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Total budgeted manufacturing overhead will be

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Question 1: The Choi Company budgets variable manufacturing overhead at 60% of direct labour costs. The company estimates that 10,000 direct labour hours will be used at an average rate of $8.50 per hour. Fixed manufacturing overhead costs are budgeted at $45,000 with $10,000 of that amount being depreciation on plant machinery. Total budgeted manufacturing overhead will be:

Option 1: $130,000

Option 2: $96,000

Option 3: $120,000

Option 4: $86,000

Reference no: EM132510839

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