Homework Answers
Variable overhead rate per hour = 300,000/60,000
= 5 per labor hour
Total Overhead cost
= (5*57000) + 90,000
= 285,000 + 90,000
= 375,000
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Myers Company uses a flexible budget for manufacturing overhead based on direct labor hours. Variable manufacturing...
Myers Company uses a flexible budget for manufacturing overhead
based on direct labor hours. Variable manufacturing overhead costs
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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.
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Myers Company uses a flexible budget for manufacturing overhead based on direct labor hours. Variable manufacturing...
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 2017 for the expected range of activity, using...
Bramble Company uses a flexible budget for manufacturing overhead based on direct labor hours. Variable manufacturing ov...
Bramble 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
$1.30
Indirect materials
0.60
Utilities
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...
need the formulas and budget Bumblebee Company estimates that 300,000 direct labor hours will be worked...
need the formulas
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Myers Company uses a flexible budget for manufacturing overhead based on direct labor hours. Variable manufacturing...
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Myers Company uses a flexible budget for manufacturing overhead based on direct labor hours. Variable manufacturing...
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
0.70
Utilities
0.20
Fixed overhead costs per month are Supervision $4,100, Depreciation
$1,900, and Property Taxes $700. The company believes it will
normally operate in a range of 7,300–10,900 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:
Indirect labor
$1.30
Indirect materials
0.60
Utilities
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...
Wicks company has established a flexible budget for manufacturing
overhead based on direct labor-hours. Budgeted costs at 100,000
direct labor hours are given below.
based on direct labor-hours. Budgeted costs at 100,000 direct labor hours are given below. Fl -(10 pts) Wicks Company has established a flexible budget for manufacturing overhead Fill in the estimated costs for 110,000 direct labor hours. 100,000 Flux 110,000 Budgct $ 29,000 99,000 Variable Costs: Packing supplies Indirect labor $70,000 90,000 160,000 76000 Total 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.
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 0.60 Utilities 0.40 8,200 13,300 direct labor hours Fixed overhead costs per month are Supervision $3,900, Depreciation $1,700, and Property Taxes $600. The company believes...
Myers Company uses a flodba budget for manufacturing overhead based on direct labor hours. Variable manufacturing overhead costs per direct labor hour are as follows: Indirect labor Indirect matcrials $1.20 0.80 Utilities 0.20 Fixed overhead costs per month are Supervision $3,900. Depreciation $2,000, and Property Taxes $900. The company believes it will normally operate in a range of 8.000-11.800 direct labor hours per month Prepare a monthly manufacturing overhead flexible budget for 2020 for the croected 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 $1.30 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 2017 for the expected range of activity, using...
Bramble 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
$1.30
Indirect materials
0.60
Utilities
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...
need the formulas
and budget Bumblebee Company estimates that 300,000 direct labor hours will be worked during the coning year, 2017, in the Packaging Departmemt. On this basis, the budgeted manufacturing overhend cost data, shown below, ire computed for the year 2 3 Fixed Overhead Costs Variable Overhead Costs Variable Per Unit 7Supervision Indirect labor Indirect materials Repairs Utilities Lubricants $126,000 90,000 69,000 S0.42 30,000 24,000 18,000 $240,000 10 Rent 1Property taces 12 S0.24 $0.06 $1.25 18,000 $375,000 14 I...
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 $1.00 0.80 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 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.
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...
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