Week6 Task 8 Budgeted overhead costs for two different levels of activity follows: Direct labor hours...
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Week6 Task 8 Budgeted overhead costs for two different levels of activity follows: Direct labor hours 1,000 2,000 Maintenance $10,100 $13,100 Depreciation $7,000 $7,000 Supervision $16,000 $16,000 Supplies $2,400 $4,800 Power $1,000 $2,000 Other $12,940 $14,240 Instructions: 1. Prepare a flexible budget for an activity level of 1,800 direct labor hours. 2. Evaluate performance for April 2021, indicate either favorable or unfavorable, with the following actual data for March : Maintenance $12,775 Depreciation $7,000 Supervision $16,000 Supplies $4,280 Power $1,925 Other $14,100 Actual direct labor hour 1,800 direct labor hours Week6 Task 8 Budgeted overhead costs for two different levels of activity follows: Direct labor hours 1,000 2,000 Maintenance $10,100 $13,100 Depreciation $7,000 $7,000 Supervision $16,000 $16,000 Supplies $2,400 $4,800 Power $1,000 $2,000 Other $12,940 $14,240 Instructions: 1. Prepare a flexible budget for an activity level of 1,800 direct labor hours. 2. Evaluate performance for April 2021, indicate either favorable or unfavorable, with the following actual data for March : Maintenance $12,775 Depreciation $7,000 Supervision $16,000 Supplies $4,280 Power $1,925 Other $14,100 Actual direct labor hour 1,800 direct labor hours
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Generally there are three types of costs Variable costs These are the costs that changes in proportion to the no of units produced or direct labor hou... View the full answer
Related Book For
Cornerstones of Financial and Managerial Accounting
ISBN: 978-1111879044
2nd edition
Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen
Posted Date:
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