Concord Company uses a flexible budget for manufacturing overhead based on direct labor hours. Variable manufacturing...

 

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Concord 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 $1.20 Indirect materials 0.90 Utilities 0.60 Fixed overhead costs per month are Supervision $4,560, Depreciation $1,368, and Property Taxes $912. The company believes it will normally operate in a range of 7,980-11,400 direct labor hours per month. Prepare a monthly manufacturing overhead flexible budget for 2022 for the expected range of activity, using increments of 1,140 direct labor Concord 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 $1.20 Indirect materials 0.90 Utilities 0.60 Fixed overhead costs per month are Supervision $4,560, Depreciation $1,368, and Property Taxes $912. The company believes it will normally operate in a range of 7,980-11,400 direct labor hours per month. Prepare a monthly manufacturing overhead flexible budget for 2022 for the expected range of activity, using increments of 1,140 direct labor