Using the information in E23.3, assume that in July 2020, Myers Company incurs the following manufacturing overhead

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Using the information in E23.3, assume that in July 2020, Myers Company incurs the following manufacturing overhead costs.

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Instructions

a. Prepare a flexible budget performance report, assuming that the company worked 9,000 direct labor hours during the month.

b. Prepare a flexible budget performance report, assuming that the company worked 8,500 direct labor hours during the month.

c. Comment on your findings.

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Related Book For  book-img-for-question

Financial and Managerial Accounting

ISBN: 978-1119392132

3rd edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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