Solution-Prepare a manufacturing overhead flexible budget

Prepare a manufacturing overhead flexible budget report

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Reference no: EM132467636

				Fixed cost
	Variable Costs				at, $36.000 7,000 3.000 5.000
	Variable Costs		Supervisory salaries Depreciation Property taxes and insurance Maintenance
Indirect materials Indirect labor Utilities Maintenance		$12.000 10.000 8.000 6.000
Indirect materials Indirect labor Utilities Maintenance		$12.000 10.000 8.000 6.000

Point 1: Actual variable costs were indirect materials $13,900, indirect labor $9,500, utilities 58.700. and maintenance $5,000. Actual fixed costs equaled budgeted costs except for property taxes and insurance, which were $8,400. The actual activity level equaled the budgeted level.

Point 2: All costs are considered controllable by the production department manager except for depreciation, and property taxes and insurance.

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Question (a) Prepare a manufacturing overhead flexible budget report for the first quarter.

Question (b) Prepare a responsibility report for the first quarter.

Reference no: EM132467636

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Prepare a manufacturing overhead flexible budget report

Reference no: EM132467636

Reference no: EM132467636

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