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nent CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Question 1 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 $3,600, Depreciation $1,300, and Property Taxes $800. The company believes it wll normally operate in a range of 7,100-11,000 direct labor hours per month Prepare a monthly manufacturing overhead flexible budget for 2017 for the expected range of activity, using increments of 1,300 variable costs before fixed costs.) MYERS COMPANY Monthly Manufachuring Overhead Flexible Budget For the Year 2017 /edugen/sha red/ assignment/testaglist.uni?id-asnmt1 981 265#N 1 001 9 1:14

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MYRES COMPANY Monthly Manufacturing Overhead Flexible Budget For the year 2017 Activity level Direct labour hours Variable costs Indirect labor ($1.20) Indirect materials (S 0.70) Utilities (S 0.20) Total variable cost (A) Fixed cost Supervision Depreciation Property taxes Total fixed cost (B) Total costs (A + B) 7,100 8,400 9,700 11,000 $ 8,520 S10,080 S 11,640 S 13,200 7,700 2,200 23,100 4,970 1,420 14,910 5,880 1,680 17,640 6,790 1,940 20,370 3,600 1,300 800 5,700 $20,610 23,340 $ 26,070 $ 28,800 3,600 1,300 800 5,700 3,600 1,300 800 5,700 3,600 1,300 800 5,700 * Flexible budget prepares using increments of1,300 direct labour hours.

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