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Swifty Company manufactures tablecloths. Sales have grown rapidly over the past 2 years. As a result, the president has installed a budgetary control system for

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Swifty Company manufactures tablecloths. Sales have grown rapidly over the past 2 years. As a result, the president has installed a budgetary control system for 2020. The following data were used in developing the master manufacturing overhead budget for the Ironing Department, which is based on an activity index of direct labor hours. Rate per Direct Labor Hour $0.44 Variable costs Indirect labor Indirect materials Factory utilities Factory repairs Annual Fixed Costs Supervision $ 42,000 Depreciation 19.080 0.54 0.34 Insurance 13.920 0.24 Rent 22,920 The master overhead budget was prepared on the expectation that 475,900 direct labor hours will be worked during the year.In June 39.200 direct labor hours were worked. At that level of activity, actual costs were as shown below OS FIN DE FTIFF For the rear ZUZU $ $ CRANE COMPANY Ironing Department Manufacturing Overhead Flexible Budget Report For the Month Ended June 30, 2020 Difference Favorable Unfavorable Neither Favorable Budget Actual Costs nor Unfavorable e . Swifty Company manufactures tablecloths. Sales have grown rapidly over the past 2 years. As a result, the president has installed a budgetary control system for 2020. The following data were used in developing the master manufacturing overhead budget for the Ironing Department, which is based on an activity index of direct labor hours. Rate per Direct Labor Hour $0.44 Variable costs Indirect labor Indirect materials Factory utilities Factory repairs Annual Fixed Costs Supervision $ 42,000 Depreciation 19.080 0.54 0.34 Insurance 13.920 0.24 Rent 22,920 The master overhead budget was prepared on the expectation that 475,900 direct labor hours will be worked during the year.In June 39.200 direct labor hours were worked. At that level of activity, actual costs were as shown below OS FIN DE FTIFF For the rear ZUZU $ $ CRANE COMPANY Ironing Department Manufacturing Overhead Flexible Budget Report For the Month Ended June 30, 2020 Difference Favorable Unfavorable Neither Favorable Budget Actual Costs nor Unfavorable e

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