Using the information in E24-3, assume that in July 2014, Thome Company incurs the following manufacturing overhead
Question:
Using the information in E24-3, assume that in July 2014, Thome 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 Fixed Costs Indirect labor Indirect materials Utilities $8,800 5,300 3,200 Supervision Depreciation Propertytaxes $4,000 1,200 800
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Related Book For
Accounting Principles
ISBN: 9781118566671
11th Edition
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
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