Thome company uses a flexible budget for manufacturing

Assignment Help Accounting Basics

Reference no: EM13482329

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
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.

Prepare a monthly manufacturing overhead flexible budget for 2014 for the expected range of activity, using increments of 1,000 direct labor hours.

THOME COMPANY Monthly Manufacturing Overhead Flexible Budget For the Year 2014
Activity level

Variable costs
	$	$	$	$



Fixed costs




	$	$	$	$

Reference no: EM13482329

Questions Cloud

Jerrys retail expects total sales of 2000 units the firm : jerrys retail expects total sales of 2000 units. the firm estimates an ordering cost of 7.50 per order with an

Prepare a 10-column worksheet to develop the schultz : the schultz company prepares interim financial statements at the end of each quarter. the income statement presented at

We defined five uses of financial information which one of : which one of the following is not considered a liability?.a. accounts receivableb.net value of your physical

Prepare a schedule indicating cash collections of accounts : trapp co.was organized on august 1 of the current year. projected sales for the next three months are as

Thome company uses a flexible budget for manufacturing : thome company uses a flexible budget for manufacturing overhead based on direct labor hours. variable manufacturing

Dimotel hardware has four employees who are paid on an : dimotel hardware has four employees who are paid on an hourly basis plus time-and-a-half for all hours worked in excess

Compute the break-even point in dollars under each of the : dousmann corp.s sales slumped badly in 2014. for the first time in its history it operated at a loss. the companys

Jorge company bottles and distributes b-lite a diet soft : jorge company bottles and distributes b-lite a diet soft drink. the beverage is sold for 50 cents per 16-ounce bottle

Smith divided the total recorded book amount of the : smith cpa was engaged to audit golf corporations financial statements for the years ended august 2006. smith planned

User Account

All Pages