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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 $1.20 Indirect materials 0.80 Utilities 0.40 Fixed ove rhead cosls per month are Supervision $3.500. Depreciation $1.300. and Property Taxes 53'00. Ihe company believes it will normally operate in a range of 55003500 direct Ia bor hours per month. Assume that in July 2020. Myers Company incurs the following manufacturing overhead costs. Variable Costs Fined Costs Indirect labor $3320 Supervision $3.500 Indirect materials 5.830 Depreciation 1.3100 Utilities 2.590 Property taxes 3'00
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