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MASTER BUDGET PROJECT: OVERHEAD BUDGET AND SELLING, GENERAL, AND ADMINISTRATIVE EXPENSES BUDGET TEMPLATE ACCT 5362 | Accounting Principles Prepare the Overhead Budget and the budget for Selling, General & Administrative Expenses using the following inputs and Overhead Budget Inputs: Variable overhead: $0.40 per DLH (use correct solutions from the DL budget from last week's project) Fixed overhead: $270,000 per quarter FOH applied on the basis of budgeted DLH OH Budget VOH FOH Total Q1 $2,160 $270,000 Q2 Q1 $18,200 $272,640 Selling General & Administrative Budget Inputs: Variable SG&A= $2.00 per unit + 1% Sales (use the correct units from the sales budget from last week 3 project) Fixed SG&A = $90,000 per quarter SG&A Budget VSGA FSGA Total SGA Q3 Q2 Q3 Q4 Q4 Annual Annual $471,800

MASTER BUDGET PROJECT: OVERHEAD BUDGET AND SELLING, GENERAL, AND ADMINISTRATIVE EXPENSES BUDGET TEMPLATE ACCT 5362 /Aocounting Principles Propare the Overhead Budget and tbe budget for Selling, General \& Administrative Espenses asing the following inputs and Overbead Budget Inpats: Variable overhead: 50.40 per DLH (uic eorrect solutions from the DL bodget from lant week's project) Fiad overhead: $270,000 per quarter FOH applied on the bacis of bud ceted DLH OHI Badert \begin{tabular}{l} \hline VOH \\ \hline FOH \\ \hline Total \\ \hline \\ \hline \\ \hline Selling General \& Adeinistrative Badget Iaputs: \\ \hline Veriable SCSA $200 per unit + 15 Sales fuse the \\ \hline \end{tabular} Vuriable SGEA - $2.00 per unit + 15 Sales (use the correct units froen the sales budget from last woek 3 projoct) Fixed SOSA =590,000 per quarter SGEA Budget VSCA FSCA Total SCA \begin{tabular}{|c|c|c|c|c|} \hlineQ1 & Q2 & Q3 & Q4 & Annual \\ \hline 518,200 & & & & \\ \hline & & & & \\ \hline & & & & $471,800 \\ \hline \end{tabular}

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