Pronghorn Company uses a flexible budget for manufacturing overhead based on direct labor hours. Budgeted variable...
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Pronghorn Company uses a flexible budget for manufacturing overhead based on direct labor hours. Budgeted variable manufacturing overhead costs per direct labor hour are as follows. Indirect labor Indirect materials Utilities. $1.20 0.90 0.60 Budgeted fixed overhead costs per month are Supervision $4,160, Depreciation $1,248, and Property Taxes $832. The company believes it will normally operate in a range of 7,280-10,400 direct labor hours per month. Prepare a monthly manufacturing overhead flexible budget for 2022 for the expected range of activity, using increments of 1,040 direct labor hours. (List variable costs before fixed costs.) Pronghorn Company uses a flexible budget for manufacturing overhead based on direct labor hours. Budgeted variable manufacturing overhead costs per direct labor hour are as follows. Indirect labor Indirect materials Utilities. $1.20 0.90 0.60 Budgeted fixed overhead costs per month are Supervision $4,160, Depreciation $1,248, and Property Taxes $832. The company believes it will normally operate in a range of 7,280-10,400 direct labor hours per month. Prepare a monthly manufacturing overhead flexible budget for 2022 for the expected range of activity, using increments of 1,040 direct labor hours. (List variable costs before fixed costs.)
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Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133866292
5th edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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