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Oriole Company uses a flexible budget for manufacturing overhead based on direct labor hours. Variable manufacturing overhead costs per direct labor hour are as follows.
Oriole 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 Variable Costs Indirect labor $1.00 Fixed overhead costs per month are Supervision $4,100, Depreciation $1,000, and Property Taxes $800. The company believes it will normally operate in a range of 7,200-13,200 direct labor hours per month. Assume that in July 2020, Oriole Company incurs the following manufacturing overhead costs. Indirect materials Utilities 0.70 0.30 $10,940 7,640 2,950 Fixed Costs Supervision Depreciation Property taxes $4,100 1,000 800
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