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Business, 25.06.2019 09:20 nialphonsa
Exercise 22-4 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. indirect labor $1.10 indirect materials 0.60 utilities 0.40 fixed overhead costs per month are supervision $3,900, depreciation $1,200, and property taxes $500. the company believes it will normally operate in a range of 7,400–11,300 direct labor hours per month. assume that in july 2017, myers company incurs the following manufacturing overhead costs. variable costs fixed costs indirect labor $10,730 supervision $3,900 indirect materials 5,840 depreciation 1,200 utilities 3,530 property taxes 500 (a) prepare a flexible budget performance report, assuming that the company worked 10,000 direct labor hours during the month. (list variable costs before fixed costs.)
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Exercise 22-4 myers company uses a flexible budget for manufacturing overhead based on direct labor...
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