ACCT 556 Experience Tradition/uophelp.com ACCT 556 Experience Tradition/uophelp.com | Page 16

The standard direct labor rate will increase $0.25 per hour over the 2005 rate. Additional information regarding employee benefits is included in the section on manufacturing overhead. 2006 OVERHEAD BUDGET INFORMATION The following information is available regarding the actual overhead costs incurred for 2005: 2006 SALES DEPARTMENT INFORMATION The sales department consists of 10 representatives who report directly to the president. Each individual is on a base salary plus a commission, and the sales reps also submit meal and entertainment expenses for reimbursement. (In 2005, the meal and entertainment expenses were limited to $50 per week per sales representative based upon a 52 week year.) The following information is available regarding the actual selling costs incurred for 2005: No change 2006 ADMINISTRATIVE BUDGET INFORMATION The administrative department consists of the president and an office staff of eight who handle the secretarial, purchasing, and accounting duties. (Total of nine people.) The following information is available regarding the 2005 actual costs: It is felt that the level of the office and administrative staff will be adequate for the coming year. It is expected that the following changes will occur in 2006: