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It is estimated that direct labor hours worked each month will range from 29,000 to 37,400 hours. During October, 29,000 direct labor hours were worked
It is estimated that direct labor hours worked each month will range from 29,000 to 37,400 hours. During October, 29,000 direct labor hours were worked and the following overhead costs were incurred. Fixed overhead costs: Supervision $7,380, Depreciation $5,950, Insurance $2,255, Rent $1,940, and Property taxes $1,260. Variable overhead costs: Indirect labor $14,380, Indirect materials, $6,010, Repairs $3,990, Utilities $4,690, and Lubricants $3,280. BUMBLEBEE COMPANY Packaging Department Monthly Manufacturing Overhead Fexible Budget For the Year 2020 $ $ $ (b) Prepare a flexible budget report for October. (List variable costs before fixed costs.) BUMBLEBEE COMPANY Packaging Department Manufacturing Overhead Flexible Budget Report For the Month Ended October 31, 2020 Difference Favorable Unfavorable Neither Favorable Budget Actual Costs nor Unfavorable $ $ $
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