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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: $1.00, Indirect Materials: $.70, Utilities: $.40
Fixed overhead costs per month are supervision, $4,000, depreciation $1,200, property tax $ 800. Operating in a range of 7,000-10,000 direct labor hours per month.
Prepare a month manufacturing overhead flexible budget for 2020 for the expected range of activity, using increments of 1,000 direct labor hours.
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