Business, 28.01.2020 22:41 chony83

Identifying the parts of the cost formula; calculating monthly, quarterly, and yearly costs using a cost formula based on monthly data

gordon company's controller, eric junior, estimated the following formula, based on monthly data, for overhead cost:

overhead cost = $150,000 + ($52 x direct labor hours)

required:

1

2. if next month's budgeted direct labor hours equal 8,000, what is the budgeted overhead cost?
$

3. if next quarter's budgeted direct labor hours equal 23,000, what is the budgeted overhead cost?
$

4. if next year's budgeted direct labor hours equal 99,000, what is the budgeted overhead cost?
$

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Identifying the parts of the cost formula; calculating monthly, quarterly, and yearly costs using a...