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Waterway Company uses a flexible budget for manufacturing overhead based on direct labor hoursVariable manufacturing overhead costs per direct labor hour are as follows Indirect

Waterway Company uses a flexible budget for manufacturing overhead based on direct labor hoursVariable manufacturing overhead costs per direct labor hour are as follows Indirect labor $110 Indirect materials 0.80 Utilities 0.40 Fixed overhead costs per month are Supervision $4,000Depreciation $1,300, and Property Taxes $800. The company believes it will normally operate in a range of 7,600-10,600 direct labor hours per month Assume that in July 2020Waterway Company incurs the following manufacturing overhead costs. Variable Costs Fixed Costs Indirect labor$10,330Supervision $4,000 Indirect materials 7.540 Depreciation 1,300 Utilities3,350 Property taxes 800

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