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Flexible budget for manufacturing overhead

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Reference no: EM13507559

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 $1.40
Indirect materials 0.50
Utilities 0.30

Fixed overhead costs per month are: Supervision $3,811, Depreciation $1,189, and Property Taxes $870. The company believes it will normally operate in a range of 6,600-10,500 direct labor hours per month.

Prepare a monthly manufacturing overhead flexible budget for 2014 for the expected range of activity, using increments of 1,300 direct labor hours

Reference no: EM13507559

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