two part answer
Thome Company uses a flexible budget for manufacturing overhead based on direct labor hours. Variable manufacturing overhead costs per direct labor hour are as follows Fixed overhead costs per month are supervision $4,459, depreciation $1,165, and property taxes $798. The company believes it will normally operate in a range of 7,000-10,300 direct labor hours per month Assume that in July 2014, Thome Company incurs the following manufacturing overhead costs. Prepare a flexible budget performance report, assuming that the company worked 9,200 direct labor hours during the month. (List Variable costs before fixed costs.) THOME COMPANY Manufacturing Overhead File Budget Report For the Month Ended July 31, 2014 Prepare a flexible budget performance report, assuming that the company worked 8,400 direct labor hours during the month. (List variable costs before fixed costs.) THOME COMPANY Manufacturing Overhead Flexible Budget Report For the Month Ended July 31, 2014 Thome 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 $1.30 0.80 0.30 Fixed overhead costs per month are supervision $4,459, depreciation $1,165, and property taxes $798. The company believes it will normally operate in a range of 7,000-10,300 direct labor hours per month Assume that in July 2014, Thome Company incurs the following manufacturing overhead costs. Variable Costs Indirect labor Indirect materials Utilities $11,714 7,253 2,312 Fixed Costs Supervision Depreciation Property taxes $4,459 1,165 798 Prepare a flexible budget performance report, assuming that the company worked 9,200 direct labor hours during the mi before fixed costs.) THOME COMPANY Manufacturing Overhead Flexible Budget Report For the Month Ended July 31, 2014 Differen Favorable Unfavorabl Neither Fav nor Unfavora Budget Actual Costs Prepare a flexible budget performance report, assuming that the company worked 9,200 direct labor hours during the month. (List variable cost before fixed costs.) THOME COMPANY Manufacturing Overhead Flexible Budget Report For the Month Ended July 31, 2014 Difference Favorable (F) Unfavorable (U) Neither Favorable nor Unfavorable (N) Budget Actual Costs Prepare a flexible budget performance report assuming that the company worked 3.400 direct labor hours during the month (list variable costs before fixed costs.) Prepare a flexible budget performance report, assuming that the company worked 8,400 direct labor hours during the month. (List variable costs before fixed costs.) THOME COMPANY Manufacturing Overhead Flexible Budget Report For the Month Ended July 31, 2014 Difference Favorable (F) Unfavorable (U) Neither Favorable nor Unfavorable (N) Budget Actual Costs Question Attempts: 1 of 2 used
