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Fixed overhead costs per month are supervision 4000

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Reference no: EM13592763

Thome 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
0.60
Utilities
0.40

Fixed overhead costs per month are: Supervision $4,000, Depreciation $1,200, and Property Taxes $800. The company believes it will normally operate in a range of 7,000-10,000 direct labor hours per month.

Assume that in July 2014, Thome Company incurs the following manufacturing overhead costs.

Variable Costs
Fixed Costs
Indirect labor
$8,800
Supervision
$4,000
Indirect materials
5,300
Depreciation
1,200
Utilities
3,200
Property taxes
800

Reference no: EM13592763

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