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For Lily Inc., variable manufacturing overhead costs are expected to be $16,800 in the �rst quarter of 2022, with $4,200 increments in each of the remaining three quarters. Fixed overhead costs are estimated to be $33,600 in each quarter.

Prepare the manufacturing overhead budget by quarters and in total for the year.

LILY INC. Manufacturing Overhead Budget

Quarter

1 2 3 4

$ $ $ $

$ $ $ $

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221 HW6 Ch 24 Ch 25

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221 HW6 Ch 24 Ch 25

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