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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 $1.20 Indirect materials 0.60 Utilities 0.30 Fixed overhead costs per month are Supervision $3,600, Depreciation $1,200, and Property Taxes $800. The company believes it will normally operate in a range of 8,500-14,200 direct labor hours per month. Assume that in July 2020, Myers Company incurs the following manufacturing overhead costs. Variable Costs Fixed Costs Indirect labor $14,510 Supervision $3,600 Indirect materials Utilities 7.180 Depreciation 1,200 3,260 Property taxes 800 (a) Prepare a flexible budget performance report, assuming that the company worked 12,300 direct labor hours during the month. (List variable costs before fixed costs.) 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 $1.20 Indirect materials 0.60 Utilities 0.30 Fixed overhead costs per month are Supervision $3,600, Depreciation $1,200, and Property Taxes $800. The company believes it will normally operate in a range of 8,500-14,200 direct labor hours per month. Assume that in July 2020, Myers Company incurs the following manufacturing overhead costs. Variable Costs Fixed Costs Indirect labor $14,510 Supervision $3,600 Indirect materials Utilities 7.180 Depreciation 1,200 3,260 Property taxes 800 (a) Prepare a flexible budget performance report, assuming that the company worked 12,300 direct labor hours during the month. (List variable costs before fixed costs.)

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