Problem 23-1A - (Video) Swity Company estimates that 392.900 direct labor hours will be worked during the coming year 2070, in the Paciaging Department. On is basis the following budgeted manufacturing overhead cost data are computed for the Fived Overhead Costa Variable Overhead Costs Supervision $90,600edirect shor 5138,592 Deprecation 70,600 Indirect materals 110,012 raara | 27.500 per 20.732 ant 27,000 75,500 Property thies 21.540 Lubricante 19,645 $138.000 5467,155 It's time that director hours word och month wil marge from 20,900 to 20,00 hours Durva Oesbe 20.000 Gract who has wr work and the following overhead couts were incurred Fixed overall Supervision 57.530, Depreciation 5.890, 52.0, Rant 2.250, and Properties $1,020 Verleverted costs Tractor 0.132. Indirect materis, 55,462, 53.722, les 54.440. Lubricants 51.445 (a) Premory manufacturing overhead butget for eachinantot 2,400 director hours over the range for the year ending December 31, 2020. st variable contre od centa) costs.) SWIFTY COMPANY Packaging Department Monthly Manufacturing Overhead Flexible Budget For the Year 2020 (b) Prepare a flexible budget report for October (List variable costs before fixed costs.) (b) Prepare a flexible budget report for October (List variable costs before fixed costs.) SWIFTY COMPANY Packaging Department Manufacturing Overhead Flexible Budget Report For the Month Ended October 31, 2020 Difference Favorable Unfavorable Neither Favorable Budget Actual Costs nor Unfavorable > TO SET Swity Company estimates that 392.900 direct labor hours will be worked during the coming vem, 2030. in the Packaging Department. On this basis, the following budgeted manufacturing overhead cout data are computed for the year Fixed Overhead Costs Variable Overhead Costs Supervision 190,600 Indirect labor 5188,592 Depreciation 70,680 Indirect materials 110,012 Insurance 27,960 Repairs 70,722 Rent 27.000 Us 78,510 Property taxes 21,040 Lubricants 19,645 $238,050 5467,551 It is estimated that direct labor hours worked each month will range from 20.900 to 28.100 hours During October, 20.000 direct labor hours were worked and the following overhead costs were incurred. Find overhead costs Supervision 17,550, Depreciation 55,090, Insurance 12,200, Rent $2,250, and Property taxes 51.820 Variable overhead costs: Indirect labor $11,132. Indirect materials, 15.462, Repairs 53,722, US 14.440, and Lubricants 11.445. (a) Prepare a monthly manufacturing overhead exible budget for each increment of 2.400 direct laber bours over the relevant range for the year ending December 11, 2020. variable costs before fed cost) SWIFTY COMPANY Packaging Department Monthly Manufacturing Overhead Flexible Budget For the Year 2020 () Prepare a morthly manufacturing overneed hexible budget for each increment of 2,400 direct labor hours over the relevant range for the year ending December 31, 2020. (tint variable costs before fixed costs.) SWIFTY COMPANY Packaging Department Monthly Manufacturing Overhead Flexible Budget For the Year 2020 (b) pere le budget report for October ( variable costs before wed costs) (b) Prepare a flexible budget report for October. (List variable costs before fixed costs.) SWIFTY COMPANY Packaging Department Manufacturing Overhead Flexible Budget Report For the Month Ended October 31, 2020 Difference Favorable Unfavorable Neither Favorable Budget Actual Costs nor Unfavorable > >> >> C
