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A manufacturing company has budgeted direct labor hours of 940 at a direct labor hour rate of $15. The budgeted fixed cost is $950 per month. The total budgeted overhead cost will be $.

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Answer: 15050

Explanation:

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Based on the calculations, the total budgeted overhead cost will be equal to $15050.

What is a budget?

A budget can be defined as a financial plan that is typically used for the estimation of revenue and expenditures of an individual, business organization or government for a specified period of time, often one year.

How to calculate the total budgeted overhead cost.

Total budgeted overhead cost = (940 × 15) + 950

Total budgeted overhead cost = 14,100 + 950

Total budgeted overhead cost = $15050.

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