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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 follows.
Myers Company uses a flexible budget for manufacturing overhead based on direct labor hours. Variable manufacturing overhead costs per direct labor hour are as follows. Indirect labor $1.30 Indirect materials 0.70 Utilities 0.40 Fixed overhead costs per month are Supervision $4,500, Depreciation $1,000, and Property Taxes $700. The company believes it will normally operate in a range of 6,300-11,100 direct labor hours per month. Assume that in July 2020, Myers Company incurs the following manufacturing overhead costs.. Variable Costs Fixed Costs Indirect labor Indirect materials $12,140 Supervision $4,500 6,470 Depreciation 1,000 Utilities 3,370 Property taxes 700 lal Prepare afle bilget performance regt aming that the company worked 9.500 dit later hours during the month it MYERS COMPANY Hanufacturing Overhead Flexible Budget Report For the Honth Ended July 31, 2020 > > > Budget Actual Costs 0 Prepare a fete but performance report asuming that the company deter hours during the month at MYERS COMPANY Hanufacturing Overhead Flexible Budget Report For the Month Ended July 31, 2020 Budget Actual Cost cells and Hedia Pese a feble budget performance regaming at the company worked 9.500 direct terhes during the math Sir MYERS COMPANY Manufacturing Overhead Ficable Badge Report For the Heath Ended July 31, 2020 Actual Difference Favorable Unfavorable Neither Fevorable nor Unfavorable Prepare a feste botering that the compryke00direct der hours during the moth MYERS COMPANY Manufacturing Overhead Flexible Budget Report For the Month Ended July 31, 2030 Difference Unfavorable Neer Favorable Actual Cests > > > > >
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