Herbold Corporation uses the following cost formulas in its flexible budget for manufacturing overhead: Item Utilities...
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Herbold Corporation uses the following cost formulas in its flexible budget for manufacturing overhead: Item Utilities Supplies Depreciation Indirect Labor Cost Formula $ 6,000 per year, plus $0.30 per machine-hour $10,000 per year, plus $0.80 per machine-hour $ 25,000 per year $ 21,000 per year, plus $0.40 per machine-hour Using these cost formulas, complete a following flexible budget: Overhead Costs Variable overhead costs: Utilities Supplies Indirect Labor Total Variable OH Costs $ Fixed overhead costs: Utilities Supplies Depreciation Cost Formula Indirect Labor (per MH) S $ Machine-hours 8,000 $ $ 10,000 $ 12,000 Total Fixed OH Costs Total Overhead Costs $ FA $ S CA Herbold Corporation uses the following cost formulas in its flexible budget for manufacturing overhead: Item Utilities Supplies Depreciation Indirect Labor Cost Formula $ 6,000 per year, plus $0.30 per machine-hour $10,000 per year, plus $0.80 per machine-hour $ 25,000 per year $ 21,000 per year, plus $0.40 per machine-hour Using these cost formulas, complete a following flexible budget: Overhead Costs Variable overhead costs: Utilities Supplies Indirect Labor Total Variable OH Costs $ Fixed overhead costs: Utilities Supplies Depreciation Cost Formula Indirect Labor (per MH) S $ Machine-hours 8,000 $ $ 10,000 $ 12,000 Total Fixed OH Costs Total Overhead Costs $ FA $ S CA
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Overhead Costs Cost Formula Variable overhead costs Utilities Supplies Indirect Labor Tota... View the full answer
Related Book For
Managerial Accounting
ISBN: 9781259275814
11th Canadian Edition
Authors: Ray H Garrison, Alan Webb, Theresa Libby
Posted Date:
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