e10.3

Myars Company us afxible bucset for manufacturing owarhaad basad oncract abor hours. Varabe manufacturinz ovarhaad coats par diract abor hour ara asfo aws Indirect abor $120 Indiract matarials 050 0.20 Fixad ovarhaad costs par month are Suparvision $4,400, Dapraciation $1,500, and Proparty Taxes $500. Tha company balievss it will normally oparate in a range of 7,700-10,700 diract labor hours par month Prapara a monthly manufacturinsoverhead fibla bude for 2020for the axpactad range ofactivity, using incramants of 1,000 diractlabar hours List variable costs before fixed costs) MYERS COMPANY Monthly Manufacturing Overhead Rexible Budget For the Year 2020