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Ch 10: Homework i assessment.educatiun.wileyaorn Cr Question 10 of 15 - H E View Policies Current Attempt in Progress Myers Company uses a exible budget for manufacturing overhead based on direct labor hours. Variable manufacturing overhead costs per direct labor hour are asfollows. 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 7,40011,300 direct labor hours per mo nth. Assumethat in July 2020, 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 [3) Prepare a exible budget performance report, assuming that the company worked 10,000 direct labor hours during the month. (List variable costs before xed costs.) MYERS COMPANY Manufacturing Overhead Flexible Budget Report For the Month Ended July 31, 2020 Differen Favoral: I assessment.education.wiley.com C Kirkland Signature Baby Wip.. Academica Ch 10: Homework Sweet Shirts Case Study - G.. NWP Assessment Player UI... Course Hero Myers Company Uses A Flex. + - Ch 10: Homework Question 10 of 15 Differen Favorab Unfavora Neither Fav Budget Actual Costs nor Unfavo $ $ $ $ (b) Prepare a flexible budget performance report, assuming that the company worked 9,400 direct labor hours during the month. (List variable costs before fixed costs.) I assessment.education.wiley.com C Kirkland Signature Baby Wip.. Academica Ch 10: Homework Sweet Shirts Case Study - G.. NWP Assessment Player UI... Course Hero Myers Company Uses A Flex. + - Ch 10: Homework Question 10 of 15