Yoder budgets $ 5 per luggage set for variable manufacturing overhead; $ 1,500 per month for…
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Yoder budgets $ 5 per luggage set for variable manufacturing overhead; $ 1,500 per month for depreciation; and $ 16,265 per month for other fixed manufacturing overhead costs. Use this information and the production budget prepared in Short Exercise S22- 4 to prepare Yoder’s manufacturing overhead budget for January and February, including the predetermined overhead allocation rate using direct labor hours as the allocation base.