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Crane Co. developed its annual manufacturing overhead budget for its master budget for 2022 as follows: 121,300 Direct Labor Hours Expected annual operating capacity Variable

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Crane Co. developed its annual manufacturing overhead budget for its master budget for 2022 as follows: 121,300 Direct Labor Hours Expected annual operating capacity Variable overhead costs Indirect labor Indirect materials Factory supplies $606,500 121,300 60,650 Total variable 788.450 252,000 Fixed overhead costs Depreciation Supervision Property taxes 132,000 108,000 Total fixed 492.000 Total costs $1,280,450 Total costs $1,280,450 The relevant range for monthly activity is expected to be between 9,300 and 12,000 direct labor hours. Prepare a flexible budget for a monthly activity level of 9,300 and 10,300 direct labor hours. (List variable costs before food costs.) CRANE CO. Monthly Flexible Manufacturing Overhead Budget Activity level Direct labor hours 9,300 10,300 > $ > Direct labor hours 9,300 10,300 > S $ $ Mai Chu Question Multiple che Blossom, Inc uses a flexible budget for manufacturing overhead based on machine hours. Variable manufacturing overhead costs per machine hour are as follows Indirect labor $5.00 Indirect materials 2.50 Maintenance Question Accounting 0.50 Utilities 0.30 Question Accounting Fixed overhead costs per month are: Supervision Viewing 7 Accounting $1.430 Insurance 630 Question Miluple Ch Property taxes 830 Depreciation 2.230 Question Multiple che Depreciation 2.230 Questio Multiple Questio Multiple The company believes it will normally operate in a range of 6,300 to 10,300 machine hours per month. During the month of August, 2022, the company incurs the following manufacturing overhead costs: Indirect labor $39.010 Indirect materials 22.410 Questio Accounting Maintenance 3,870 Utilities 2,630 Questio Accounting Supervision 1.720 Insurance 630 Viewing 7 Account Property taxes 830 Depreciation 2320 Questic Multiple Prepare a flexible budget report, assuming that the company used 8.300 machine hours during August (List Variable costs before fed Questi Unele Prepare a flexible budget report, assuming that the company used 8,300 machine hours during August. (List variable costs before fond costs) Ques Multip BLOSSOM, INC. Manufacturing Overhead Budget Report (Flexible) For the Month Ended August 31, 2022 Ques Multip Difference Que Accou Budget at 8,300 hrs. Actual at 8,300 hrs. Favorable (F) Unfavorable (U) Not Applicable (NA) Que Accou > $ $ $ Viev 7 Accou Que Multi Que Questi Multiple $ $ > LLL Quest Multiple Quest Account View 7 Accour Ques Multipl Ques Muito $ $ A A A

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