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Myers Company uses a flexible budget for manufacturing overhead based on direct labor hours. Variable manufacturing overhead costs per direct labor hour are as follo
Myers Company uses a flexible budget for manufacturing overhead based on direct labor hours. Variable manufacturing overhead costs per direct labor hour are as follo Indirect labor Indirect materials Us $1.00 070 0.40 Flad overhead costs per month are Supervision $4,200, Depreciation $1.400, and Property Taxes $600. The company bestill normally operate in a range of 7,000-12.000 direct labor hours per month Assume that in July 2020, Myers Company incurs the following manufacturing overhead Variable Costs Fixed Costs Indirect abor $10.760 Supervision $4,200 Indirect 7.520 Depreciation 1,000 3,950 Property ta 600 (al Prepare a feble budget performance report, assuming that the companyariad 11.000 direct labor hours during the mansh M variable costs before fond co anmance reporting that the compared 11000 dinar hours during the h MYERS COMPANY Hanufacturing Overhead Flexible Budget Report For the Month Ended July 31, 2020 Difference Unfavorable Neither Fevral Actual Costs MYERS COMPANY Manufacturing Overhead Flexible Budget Report For the Harth End July 31, 2020 Balget Actual Cost /4 Difference
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