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Prepare a monthly flexible manufacturing overhead budget

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Reference no: EM13507509

Raney 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

0.40

Fixed overhead costs per month are:

Supervision

4,000

Depreciation

1,500

Property Taxes

800

The company believes it will normally operate in a range of 7,000 to 10,000 direct labor hours per month.

Instructions:

Prepare a monthly flexible manufacturing overhead budget for 2010 for the expected range of activity, using increments of 1,000 direct labor hours.

 

Reference no: EM13507509

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