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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

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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 Indirect materials Utilities $1.00 0.70 0.40 Fixed overhead costs per month are Supervision $4,000, Depreciation $1.200, and Property Taxes $800. The company believes it will normally operate i month Assume that in July 2020, Myers Company incurs the following manufacturing overhead costs. a range of 7,000-10,000 direct labur hours per Variable Costs Fixed Costs Indirect labor $8.800 Supervision $4,000 Indirect materials 5,800 Depreciation 1.200 Utilities 3,200 Property taxes 800

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