Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

pls help me with this. Bndgeport Company estimates that 258,000 direct labor hours will be worked during the coming year, 2022, in the Packaging Department.

pls help me with this. image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Bndgeport Company estimates that 258,000 direct labor hours will be worked during the coming year, 2022, in the Packaging Department. On this basis, the following budgeted manufacturing overhead cost data are computed for the year. It is estimated that direct labor hours worked each month will range from 23,100 to 31,200 hours. During October, 23,100 direct labor hours were worked, and the following overhead costs were incurred. Food overhead costs: supervision $6,880, depreciation $5,160, insuranci: $2,115, rent $1,720, and property taoes $1.290. Variable overhead costs: indirect labor $10.689, indicect matenals $6,006, repairs $5,246, utlities $5.880, and lubricants $1,650. (a) Prepare a monthly manufacturing overhead flexible budget tos eachincrement of 2700 direct labor hours over the relevant range for the year ending December 31, 2022. (List variable costs before fond cente) BRIDGEPORT COMPANY Packaging Department Manufacturing Overhead Flexible Budget Report Difference Favorable Unfarorable Neither Favorable Budget. nctual costs nor Unfavorable

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions