MYERS COMPANY
Monthly Manufacturing Overhead Flexible Budget
For the Year 2020
Activity Level | ||||
Direct Labour Hours | 6,300 | 8,100 | 9,900 | 11,700 |
Variable Costs | ||||
Indirect Labour ($ 1.30) | $ 8,190 | $ 10,530 | $12,870 | $15,210 |
Indirect Material ($ 0.60) | $ 3,780 | $4,860 | $5,940 | $7,020 |
Utilities ($0.30) | $ 1,890 | $ 2,430 | $ 2,970 | $ 3,510 |
Total Variable Cost ($ 2.20) | $ 13,860 | $17,820 | $21,780 | $ 25,740 |
Fixed Costs | ||||
Supervision | $ 3,900 | $ 3,900 | $ 3,900 | $ 3,900 |
Depreciation | $ 1,900 | $ 1,900 | $ 1,900 | $ 1,900 |
Property Taxes | $ 700 | $ 700 | $ 700 | $ 700 |
Total Fixed Cost | $ 6,500 | $ 6,500 | $ 6,500 | $ 6,500 |
Total Cost | $ 20,360 | $ 24,320 | $ 28,280 | $ 32,240 |
View Policies Current Attempt in Progress Myers Company uses a flexible budget for manufacturing over head...
Myers 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 0.60 0.40 Fixed overhead costs per month are Supervision $3,800, Depreciation $1,000, and Property Taxes $900. The company believes it will normally operate in a range of 8,100-12,000 direct labor hours per month. Prepare a monthly manufacturing overhead flexible budget for 2020 for the expected range of activity, using...
Myers 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 $1.20 0.70 0.20 Fixed overhead costs per month are Supervision $4,300, Depreciation $2,000, and Property Taxes $700. The company believes it will normally operate in a range of 8,100-12,000 direct labor hours per month. Prepare a monthly manufacturing overhead flexible budget for 2020 for the expected range of activity, using...
Myers 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 $1.00 Indirect materials 0.80 Utilities 0.20 Fixed overhead costs per month are Supervision $4,500, Depreciation $1,400, and Property Taxes $700. The company believes it will normally operate in a range of 7.800-12,900 direct labor hours per month. Prepare a monthly manufacturing overhead flexible budget for 2020 for the expected range of activity, using...
Myers Company uses a flexible budget for manufacturing overhead based on direct labor hours.Variable manufacturing overhead costs per direct labor hour are as follows: $1.40 Indirect labor Indirect materials 0.70 Utilities 0.20 Fixed overhead costs per month are Supervision $3,700, Depreciation $1,100, and Property Taxes $600. The company believes it will normally operate in a range of 7,400-10,400 direct labor hours per month. Prepare a monthly manufacturing overhead flexible budget for 2020 for the expected range of activity, using increments...
Myers 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 $1.40 Indirect materials 0.70 Utilities 0.20 Fixed overhead costs per month are Supervision $3,700, Depreciation $1,100, and Property Taxes $600. The company believes it will normally operate in arange of 7,400-10,400 direct labor hours per month. Prepare a monthly manufacturing overhead flexible budget for 2020 for the expected range of activity, using increments...
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Myers 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 0.60 0.40 Fixed overhead costs per month are Supervision $3,800, Depreciation $1,000, and Property Taxes $900. The company believes it will normally operate in a range of 8,100-12,000 direct labor hours per month. Prepare a monthly manufacturing overhead flexible budget for 2020 for the expected range...
Myers 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 $4,400, Depreciation
$1,500, and Property Taxes $500. The company believes it will
normally operate in a range of 7,700–10,700 direct labor hours per
month.
Prepare a monthly manufacturing overhead flexible budget for 2017
for the expected range of activity, using increments of 1,000
direct labor hours. (List variable...
Myers 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 $1.00 Indirect materials 0.50 Utilities 0.20 Fixed overhead costs per month are Supervision $3,500, Depreciation $1,000, and Property Taxes $500. The company believes it will normally operate in a range of 5,500-8,500 direct labor hours per month. Prepare a monthly manufacturing overhead flexible budget for 2017 for the expected range of activity, using...
Myers 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
$1.00
Indirect materials
0.50
Utilities
0.30
Fixed overhead costs per month are Supervision $4,400, Depreciation
$1,100, and Property Taxes $900. The company believes it will
normally operate in a range of 7,500 – 10,500 direct labor hours
per month.
Prepare a monthly manufacturing overhead flexible budget for 2017
for the expected range of...
Myers 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 0.60 0.20 Fixed overhead costs per month are Supervision $4,000, Depreciation $1,600, and Property Taxes $700. The company believes it will normally operate in a range of 8,100-11,700 direct labor hours per month. Prepare a monthly manufacturing overhead flexible budget for 2017 for the expected range of activity, using...