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E10.4 (LO 2), AN Writing Using the information in E10.3, assume that in July 2022, Myers Company incurs the following manufacturing overhead costs. Variable Costs
E10.4 (LO 2), AN Writing Using the information in E10.3, assume that in July 2022, Myers Company incurs the following manufacturing overhead costs. Variable Costs Fixed Costs Indirect labor $8,800 Supervision $4,000 Indirect materials 5,800 Depreciation 1,200 Utilities 3,200 Property taxes 800 Instructions a. Prepare a flexible budget performance report, assuming that the company worked 9,000 direct labor hours during the month. b. Prepare a flexible budget performance report, assuming that the company worked 8,500 direct labor hours during the month. c. Comment on your findings. Prepare flexible selling expense budget
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