Using the information in E24-3, assume that in July 2010, Raney Company incurs the following manufacturing overhead
Question:
Using the information in E24-3, assume that in July 2010, Raney Company incurs the following manufacturing overhead costs.
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 yourfindings.
Transcribed Image Text:
Variable Costs Indirect labor Indirect materials Utilities Fixed Costs Supervision $4,000 1,500 $8,700 Depreciation Property taxes 4,300 3,200 800
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Related Book For
Accounting Principles
ISBN: 978-0470533475
9th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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