Myers Company uses a flexible budget for manufacturing overhead based on direct labor hours. Variable manufacturing...
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Myers Company uses a flexible budget for manufacturing overhead based on direct labor hours. Variable manufacturing overhead costs per direct labor hour are as follows: Indirect labor $1.30 Indirect materials Utilities 0.70 0.40 Fixed overhead costs per month are Supervision $4,300, Depreciation $1,000, and Property Taxes $900. The company believes it will normally operate in a range of 8,200-13,300 direct labor hours per month. Prepare a monthly manufacturing overhead flexible budget for 2020 for the expected range of activity, using increments of 1,700 direct labor hours. (List variable costs before fixed costs.) MYERS COMPANY Monthly Manufacturing Overhead Flexible Budget For the Year 2020 Activity Level Depreciation Direct Labor Hours Fixed Costs Indirect Labor Indirect Materials Property Taxes Supervision Total Costs Total Fixed Costs Total Variable Costs Utilities Variable Costs MYERS COMPANY Monthly Manufacturing Overhead Flexible Budget For the Year 2020 > > < > 3 3 s For the Year 2020 $ $ $ S Myers Company uses a flexible budget for manufacturing overhead based on direct labor hours. Variable manufacturing overhead costs per direct labor hour are as follows: Indirect labor $1.30 Indirect materials Utilities 0.70 0.40 Fixed overhead costs per month are Supervision $4,300, Depreciation $1,000, and Property Taxes $900. The company believes it will normally operate in a range of 8,200-13,300 direct labor hours per month. Prepare a monthly manufacturing overhead flexible budget for 2020 for the expected range of activity, using increments of 1,700 direct labor hours. (List variable costs before fixed costs.) MYERS COMPANY Monthly Manufacturing Overhead Flexible Budget For the Year 2020 Activity Level Depreciation Direct Labor Hours Fixed Costs Indirect Labor Indirect Materials Property Taxes Supervision Total Costs Total Fixed Costs Total Variable Costs Utilities Variable Costs MYERS COMPANY Monthly Manufacturing Overhead Flexible Budget For the Year 2020 > > < > 3 3 s For the Year 2020 $ $ $ S
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