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Marigold Company uses a flexible budget for manufacturing overhead based on direct labor hours. Budgeted variable manufacturing overhead costs per direct labor hour are as
Marigold Company uses a flexible budget for manufacturing overhead based on direct labor hours. Budgeted variable manufacturing overhead costs per direct labor hour are as follows.
Indirect labor | $1.20 | |
Indirect materials | 0.90 | |
Utilities | 0.60 |
Budgeted fixed overhead costs per month are Supervision $3,760, Depreciation $1,128, and Property Taxes $752. The company believes it will normally operate in a range of 6,5809,400 direct labor hours per month. Prepare a monthly manufacturing overhead flexible budget for 2022 for the expected range of activity, using increments of 940 direct labor hours.
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