Pletcher Company's manufacturing overhead budget for the first quarter of 2010 contained the following data. Actual variable
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Pletcher Company's manufacturing overhead budget for the first quarter of 2010 contained the following data.
Actual variable costs were: indirect materials $13,800, indirect labor $9,600, utilities $8,700, and maintenance $4,900. Actual fixed costs equaled budgeted costs except for property taxes and insurance, which were $8,200.All costs are considered controllable by the production department manager except for depreciation, and property taxes and insurance.Instructions(a) Prepare a manufacturing overhead flexible budget report for the first quarter.(b) Prepare a responsibility report for the firstquarter.
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Accounting Principles
ISBN: 978-0470533475
9th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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