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During the month of May a company expects to produce 5,000 tables and sell 4,000...

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Accounting

During the month of May a company expects to produce 5,000 tables and sell 4,000 tables. Create the manufacturing overhead budget for May, using the information shown below. Be sure to include both the total cost and the amount paid for manufacturing overhead.

Variable costs:

Indirect materials $5 per unit

Indirect labor $9 per unit

Electricity $4 per unit

Fixed costs:

Depreciation $9,000 per month

Insurance $2,000 per month

Indirect labor $8,000 per month

Electricity $1,000 per month

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