Manufacturing Overhead Budget: Definition, Preparation & Example

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Which of the following is NOT included in the manufacturing overhead budget?

Create Your Account To Take This Quiz

As a member, you'll also get unlimited access to over 79,000 lessons in math, English, science, history, and more. Plus, get practice tests, quizzes, and personalized coaching to help you succeed.

Try it risk-free
Try it risk-free for 30 days. Cancel anytime
Already registered? Log in here for access

1. Which of the following budgets is the manufacturing overhead budget a part of?

2. Which of the following pieces of information is needed to complete a manufacturing overhead budget?

Create your account to access this entire worksheet
A Premium account gives you access to all lesson, practice exams, quizzes & worksheets
Access to all video lessons
Quizzes, practice exams & worksheets
Certificate of Completion
Access to instructors
Create an account to get started Create Account

About This Quiz & Worksheet

This quiz provides questions to determine how well you know the manufacturing overhead budget. You will be asked to define terms and show you understand the principles about this budget.

Quiz & Worksheet Goals

This quiz will test you on things like:

  • Examples of overhead costs
  • The factors that go into the overhead budget
  • The relationship of allocations to costs

Skills Practiced

  • Interpreting information - verify that you can read information about overhead allocation and interpret it correctly
  • Defining key concepts - ensure that you can accurately define main terms, such as fixed overhead costs and variable overhead costs
  • Information recall - access the knowledge you've gained regarding items that are not overhead budget items

Additional Learning

We have a lesson you can refer to called Manufacturing Overhead Budget: Definition & Preparation for more information on this topic. It will help you increase your competency regarding:

  • Differentiating between various budget types
  • Breaking the overhead costs into a per unit cost
  • Analyzing specific examples of whether or not line items are actually overhead budget costs.
Support