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Kitty Hawk Company has the following production standards: Variable Costs (per direct labor hour) Indirect Labor $6.10 Indirect Materials 3.80 Other 5.50 Total Variable Costs:

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Kitty Hawk Company has the following production standards: Variable Costs (per direct labor hour) Indirect Labor $6.10 Indirect Materials 3.80 Other 5.50 Total Variable Costs: $ 15.40 Fixed Costs (per period): Supervision $ Depreciation Rent Total Fixed Costs $ 42,000 6,400 3,800 52,200 A. Prepare a flexible budget for activities ranging from 6,000 labor hours to 12,000 labor hours in increments of 2,000 hours. A KITTY HAWK COMPANY FLEXIBLE BUDGET REPORT Quantity of Machine Hours Variable Costs: Indirect Labor Indirect Materials Other Total Variable Costs Fixed Costs: Supervision Depreciation Rent Total Fixed Costs Total Overhead Costs

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