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Current Attempt in Progress Myers Company usas a flexible butget for manufacturing dverhead based on direct labor haurs. Variable manufacturing cuerhead costs per direct labor
Current Attempt in Progress Myers Company usas a flexible butget for manufacturing dverhead based on direct labor haurs. Variable manufacturing cuerhead costs per direct labor hour are as follows. Fixed overhead costs per month are Supervision $3,500, Uepreciation $1,300, and Yroperty laves $/00. I he company believes it will normally operate in a range of 5,5008,500 direct lahor hours per month. Assu me that in July 2020, Myers Company incurs the following manufacturing overhead costs. (a) Prepare a flexible huriget performanee report, assuming that the company worloed 7,500 direct labse hours during the month. (List variable costs befare fixed costs.) Ch. 23 Budgetary Control Question 3 of 6,4 (b) Prepare a flexible budget performance report, assuming that the company worked 6,800 direct labor hours during the month, (List variable costs befare fixed costs.)
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