q5

Sheffield Company uses a flexible budget for manufacturing overhead based on direct labor hours. Budgeted variable manufacturing overhead costs per direct labor hour are as follows. Budgeted fixed overhead costs per month are Supervision $4,400, Depreciation $1,320, and Property Taxes $880. The company believes it will normally operate in a range of 7,700-11,000 direct labor hours per month. Prepare a monthly manufacturing overhead flexible budget for 2022 for the expected range of activity, using increments of 1.100 direct labor hours. (List variable costs before fixed costs.) SHEFFIELD COMPANY Monthly Manufacturing Overhead Flexible Budget For the Year 2022 Variable Costs Indirect Labor Indirect Materials Utilities Total Variable Costs 0 Fixed Costs Supervision Depreciation Property Taxes Total Fined Costs Fixed Costs Supervision Depreciation 0 Property Taxes Total Finced Costs