Information from E10.3:

E10.4 (LO 2). AN winies Using the information in E10.3, assume that in July 2020, Myers Company incurs the following manufacturing overhead costs. Prepare flexible budget reports for manufacturing overhead casts, and comment on findings. Instructions a. Prepare a flexible budget performance report, assuming that the company worked 9,000 direct labor hours during the month. b. Prepare a flexible budget performance report. assuming that the company worked 8,500 direct labor hours during the month. c. Comment on your findings. E10.4 (LO 2). AN winies Using the information in E10.3, assume that in July 2020, Myers Company incurs the following manufacturing overhead costs. Prepare flexible budget reports for manufacturing overhead casts, and comment on findings. Instructions a. Prepare a flexible budget performance report, assuming that the company worked 9,000 direct labor hours during the month. b. Prepare a flexible budget performance report. assuming that the company worked 8,500 direct labor hours during the month. c. Comment on your findings. E10.3 (LO 22), AP 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. Prepare flexible manufacturing overhead budget. Excel Fixed overhead costs per month are supervision $4,000, depreciation $1,200, and property taxes $800. The company believes it will normally operate in a range of 7,00010,000 direct labor hours per month. Instructions Prepare a monthly manufacturing overhead flexible budget for 2020 for the expected range of activity. using increments of 1,000 direct labor hours