Culver Company Uses A Flexible Budget For Manufacturing Overhead Based On Direct Labor Hours Budgeted Variable Manufact 1 (32.66 KiB) Viewed 12 times
Culver Company Uses A Flexible Budget For Manufacturing Overhead Based On Direct Labor Hours Budgeted Variable Manufact 2 (33.24 KiB) Viewed 12 times
Culver Company Uses A Flexible Budget For Manufacturing Overhead Based On Direct Labor Hours Budgeted Variable Manufact 3 (34.87 KiB) Viewed 12 times
Culver Company uses a flexible budget for manufacturing overhead based on direct labor hours. Budgeted variable manufacturing overhead costs per direct labor hour are as follows. Indirect labor Indirect materials Utilities $1.00 0.70 Budgeted fixed overhead costs per month are Supervision $4,640, Depreciation $1,392, and property Taxes $928. The company believes it will normally operate in a range of 8,120-11.600 direct labor hours per month. Assume that in July 2022, Culver Company incurs the following manufacturing overhead costs. Variable Costs Indirect labor Indirect materials Utilities. 0.40 Fixed Costs Supervision $10,208 6,728 Depreciation 3,712 Property taxes $4,640 1.392 928 (a) Prepare a flexible budget performance report, assuming that the company worked 10,440 direct labor hours during the month. (List variable costs before fixed costs.) CULVER COMPANY Manufacturing Overhead Flexible Budget Report
S Budget S $ Actual Costs $ Difference Favorable Unfavorable Neither Favorabl nor Unfavorabl
Budget Actual Costs Difference Favorable: Unfavorable Neither Favorable nor Unfavorable.
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