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Question Myers Company uses a flexible budget for manufacturing overhead based on direct labor hours....

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Question Myers 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 Indirect materials Utilities $1.00 0.70 0.30 Fixed overhead costs per month are Supervision $3,600, Depreciation $1,700, and Property Taxes $600. The company believes it will normally operate in a range of 5,600-11,000 direct labor hours per month Assume that in July 2017, Myers Company incurs the following manufacturing overhead costs Variable Costs Fixed Costs Indirect labor Indirect materials Utilities $8,970 Supervision 6,240 Depreciation 2,320 Property taxes $3,600 1.700 600

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