costs per direct labor hour are as follows Indirect labor

Last updated: 4/1/2023

costs per direct labor hour are as follows Indirect labor Indirect materials Utilities Variable Costs 1 20 0 80 Indirect labor Indirect materials Utilities 0 40 Fixed overhead costs per month are Supervision 3 500 Depreciation 1 300 and Property Taxes 700 The company believes it will normally operate in a range of 5 500 8 500 direct labor hours per month Assume that in July 2020 Myers Company incurs the following manufacturing overhead costs 8 720 5 830 2 590 Fixed Costs Supervision Depreciation Property taxes 3 500 1 300 700 lead based on direct labor hours Variable manufacturing overhead 2 Prepare a flexible budget performance report assuming that the company worked 7 500 direct labor hours during the month List variable costs before fixed costs INDESI MYERS COMPANY Manufacturing Overhead Flexible Budget Report For the Month Ended July 31 2020