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Crane, Inc. uses a flexible budget for manufacturing overhead based on machine hours. Variable manufacturing overhead costs per machine hour are as follows: Indirect
Crane, 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 0.50 Utilities 0.30 Fixed overhead costs per month are: Supervision Insurance Property taxes Depreciation $1,330 530 730 1,970 The company believes it will normally operate in a range of 5,300 to 9.300 machine hours per month. During the month of August, 2022. the company incurs the following manufacturing overhead costs:
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