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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 labor
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. Fixed overhead costs per month are Supervision $3,800, Depreciation $1,700, and Property Taxes $500. The company believes it will normally operate in a range of 7,40011,600 direct labor hours per month. Assume that in July 2020, Myers Company incurs the following manufacturing overhead costs. (b) Prepare a flexible budget performance report, assuming that the company worked 9,700 direct labor hours during the month. (List variahle costs hefore fixed meste.l (b) Prepare a flexible budget performance report, assuming that the company worked 9,700 direct labor hours during the month. (List variable costs before fixed costs.)
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