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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:

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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: Indirect labor $1.00 Indirect materials 0.50 Utilities 0.30 Fixed overhead costs per month are Supervision $4100, Depreciation $1.000 and Property Taxes $500. The company believes it will normally operate in a range of 5.800-10,600 direct labor hours per month Prepare a monthly manufacturing overhead flexible budget for 2020 for the expected range of activity, using increments of 1.600 direct labor houts. List before from costs) MYERS COMPANY Monthly Manufacturing Overhead Flexible Budget For the Year 2020 Activity level Direct Labor Hours 10500 Variable Costs Indirect Materials 3750 4250 4750 5250 2550 2850 3150 Total Food Costs Total Variable Costs 5300 18900 Feed Costs Depreclution 1100 Property Taxes 900 Supervision LO Total Fed Costs eTextbook and Media

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