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22-4 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

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22-4 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 Indirect materials $1.20 0.80 0.40 Fixed overhead costs per month are Supervision $3,600, Depreciation $1,000, and Property Taxes $900. The company beleves it will normally operate in a range of 8,000-13,700 direct labor hours per month. Assume that in July 2017, Myers Company incurs the following m journal ariable Costs Indirect labor $3,600 1,000 900 $13,920 Supervision 9,320 Depreciation 4,240 Property taxes Utilities performance report, assuming that the company worked 11,00 direct labor hours during the month. (List variable costs before fixed costs.) Budget Report For the Ended July 31, 2017 Neither

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