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Brief Exercise 22-3

In Rooney Company, direct labor is $17 per hour. The company expects to operate at 12,000 direct labor hours each month. In January 2017, direct labor totaling $218,000 is incurred in working 12,500 hours.

Prepare a static budget report.

ROONEY COMPANY

Static Direct Labor Budget Report

For the Month Ended January 31, 2017

Product Line Budget Actual Difference

Direct Labor

$

$

$

Prepare a flexible budget report.

ROONEY COMPANY

Flexible Direct Labor Budget Report

For the Month Ended January 31, 2017

Product Line Budget Actual Difference

Direct Labor

$

$

$.

Brief Exercise 22-3 In Rooney Company, direct labor is $17 per hour. The company expects to operate at 12,000 direct labor hours each month. In January 2017, direct labor totaling $218,000 is incurred in working 12,500 hours. Prepare a static budget report. ROONEY COMPANY Static Direct Labor Budget Report For the Month Ended January 31, 2017 Budget Difference Dinect Labor Prepare a flexible budget report. ROONEY COMPANY Flexible Direct Labor Budget Report For the Month Ended January 31, 2017 Predect Line Budget Actual Direct Labor Click if you would like to Show Work for this question: Open Show Work By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor Question Attempts: O of S used -- SAVE FOR LATER

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