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Current Attempt in Progress Myers Company uses a flexible budget for manufacturing overhead based on direct labor hours. Variable manufacturing overhead costs per direct
Current Attempt in Progress 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 $1.00 Indirect materials 0.90 Utilities 0.40 Fixed overhead costs per month are Supervision $3,700, Depreciation $1.700, and Property Taxes $800. The company believes it will normally operate in a range of 5.700-9.300 direct labor hours per month. Assume that in July 2020, Myers Company incurs the following manufacturing overhead costs. Variable Costs Fixed Costs Indirect labor $7.870 Supervision $3,700 Indirect materials 7,120 Depreciation 1.700 Utilities 2,780 Property taxes 800
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