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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 0.50 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 activity, using increments of 1,000 direct labor hours. (list variable costs before fixed costs.)
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Myers company uses a flexible budget for manufacturing overhead based on direct labor hours. variabl...
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