Sarasota 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 | $1.10 | |
Indirect materials | 0.70 | |
Utilities | 0.20 |
Fixed overhead costs per month are Supervision $4,000, Depreciation
$1,500, and Property Taxes $700. The company believes it will
normally operate in a range of 6,400–10,000 direct labor hours per
month.
Prepare a monthly manufacturing overhead flexible budget for 2017
for the expected range of activity, using increments of 1,200
direct labor hours. (List variable costs before fixed
costs.)
SARASOTA COMPANY Monthly Manufacturing Overhead Flexible Budget
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direct labor hours | 6,400 | 7,600 | 8,800 | 10,000 | ||
variable costs | ||||||
Indirect labor | 1.1 | 7040 | 8360 | 9680 | 11000 | |
indirect materials | 0.7 | 4480 | 5320 | 6160 | 7000 | |
utilities | 0.2 | 1280 | 1520 | 1760 | 2000 | |
total variable costs | 12800 | 15200 | 17600 | 20000 | ||
fixed cost | ||||||
supervision | 4,000 | 4,000 | 4,000 | 4,000 | ||
Depreciation | 1,500 | 1,500 | 1,500 | 1,500 | ||
property taxes | 700 | 700 | 700 | 700 | ||
total fixed cost | 6,200 | 6,200 | 6,200 | 6,200 | ||
total cost | 19,000 | 21,400 | 23,800 | 26,200 | ||
Sarasota Company uses a flexible budget for manufacturing overhead based on direct labor hours. Variable manufacturing...
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Indirect labor
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Indirect materials
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Utilities
0.40
Fixed overhead costs per month are Supervision $4,300, Depreciation
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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 $1.00 Indirect materials 0.70 Utilities 0.20 Fixed overhead costs per month are Supervision $4,000, Depreciation $1,000, and Property Taxes $500. The company believes it will normally operate in a range of 7,000–10,600 direct labor hours per month. Prepare a monthly manufacturing overhead flexible budget for 2017 for the expected range of activity, using...
Blue 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
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Utilities
0.30
Fixed overhead costs per month are Supervision $4,300, Depreciation
$2,000, and Property Taxes $600. The company believes it will
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month.
Assume that in July 2017, Blue Company incurs the following
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Variable Costs
Fixed...
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
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based on direct labor hours. Variable manufacturing overhead costs
per direct labor hour are as follows:
Indirect labor
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Indirect materials
0.60
Utilities
0.40
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$1,000, and Property Taxes $900. The company believes it will
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for the expected range of activity, using...
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based on direct labor hours. Variable manufacturing overhead costs
per direct labor hour are as follows.
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$1,500, and Property Taxes $500. The company believes it will
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for the expected range of activity, using increments of 1,000
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