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 | $1.00 | |
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 2020
for the expected range of activity, using increments of 1,000
direct labor hours. (List variable costs before fixed
costs.)
Monthly Manufacturing Overhead Flexible Budget | ||||
For the Year 2020 | ||||
Activity level | ||||
Direct labor hours | 7,500 | 8,500 | 9,500 | 10,500 |
Variable costs | ||||
Indirect labor | 7,500 | 8,500 | 9,500 | 10,500 |
Indirect materials | 3,750 | 4,250 | 4,750 | 5,250 |
Utilities | 2,250 | 2,550 | 2,850 | 3,150 |
Total variable cost | 13,500 | 15,300 | 17,100 | 18,900 |
Fixed costs | ||||
Supervision | 4,400 | 4,400 | 4,400 | 4,400 |
Depreciation | 1,100 | 1,100 | 1,100 | 1,100 |
Property taxes | 900 | 900 | 900 | 900 |
Total fixed costs | 6,400 | 6,400 | 6,400 | 6,400 |
Total costs | 19,900 | 21,700 | 23,500 | 25,300 |
Bramble 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
$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...
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...
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...
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 $1.10 Indirect materials $0.70 Utilities $0.40 Fixed overhead costs per month are Supervision $3,600, Depreciation $1,800, and Property Taxes $800. The company believes it will normally operate in a range of 7,700–11,000 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 $1.30 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...
Exercise 22-3
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
$1.10
Indirect materials
0.70
Utilities
0.40
Fixed overhead costs per month are Supervision $3,600, Depreciation
$1,800, and Property Taxes $800. The company believes it will
normally operate in a range of 7,700–11,000 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 $1.00 Indirect materials 0.50 Utilities 0.30 Fixed overhead costs per month are Supervision $4,100, Depreciation $1,000, and Property Taxes $500. The company believes it will normally operate in a range of 5,800–10,600 direct labor hours per month. Prepare a monthly manufacturing overhead flexible budget for 2020 for the expected range of activity, using...