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Homework answers / question archive / (a) Prepare a flexible budget performance report, assuming that the company worked 7,500 direct labor hours during the month
(a) Prepare a flexible budget performance report, assuming that the company worked 7,500 direct labor hours during the month. (List variable costs before fixed costs.)
(b) Prepare a flexible budget performance report, assuming that the company worked 7,000 direct labor hours during the month. (List variable costs before fixed costs.)
(a) Prepare a flexible budget performance report, assuming that the company worked 7,500 direct labor hours during the month. (List variable costs before fixed costs.)
MYERS COMPANY
Manufacturing Overhead Flexible Budget Report For the Month Ended July 31, 2020 |
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Difference
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Budget
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Actual Costs
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Favorable
Unfavorable Neither Favorable nor Unfavorable |
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$
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$
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$
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(b) Prepare a flexible budget performance report, assuming that the company worked 7,000 direct labor hours during the month. (List variable costs before fixed costs.)