Prepare flexible budget reports for manufacturing overhead costs, and comment on findings. E13.20 (LO 2) Excel Using the information in E13.19, assume that in July 2022, Raney Company incurs the following manufacturing overhead costs: Instructions a. Prepare a flexible budget performance report, assuming that the company worked 9,000 direct labour hours during the m b. Prepare a flexible budget performance report, assuming that the company worked 8,500 direct labour hours during the mc. Comment on your findings. Prepare flexible budget reports for manufacturing overhead costs, and comment on findings. E13.20 (LO 2) Excel Using the information in E13.19, assume that in July 2022, Raney Company incurs the following manufacturing overhead costs: Instructions Variable Costs Indirect labour Indirect materials Fixed Costs $6,100 Supervision $4,000 4,300 Depreciation 3,000 Utilities 3,200 Property taxes 800 a. Prepare a flexible budget performance report, assuming that the company worked 9,000 direct labour hours during the m b. Prepare a flexible budget performance report, assuming that the company worked 8,500 direct labour hours during the m c. Comment on your findings.
Prepare flexible budget reports for manufacturing overhead costs, and comment on findings. E13.20 (LO 2) Excel Using the information in E13.19, assume that in July 2022, Raney Company incurs the following manufacturing overhead costs: Instructions a. Prepare a flexible budget performance report, assuming that the company worked 9,000 direct labour hours during the m b. Prepare a flexible budget performance report, assuming that the company worked 8,500 direct labour hours during the mc. Comment on your findings. Prepare flexible budget reports for manufacturing overhead costs, and comment on findings. E13.20 (LO 2) Excel Using the information in E13.19, assume that in July 2022, Raney Company incurs the following manufacturing overhead costs: Instructions Variable Costs Indirect labour Indirect materials Fixed Costs $6,100 Supervision $4,000 4,300 Depreciation 3,000 Utilities 3,200 Property taxes 800 a. Prepare a flexible budget performance report, assuming that the company worked 9,000 direct labour hours during the m b. Prepare a flexible budget performance report, assuming that the company worked 8,500 direct labour hours during the m c. Comment on your findings.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Prepare flexible budget reports for manufacturing overhead costs, and comment on findings. E13.20 (LO 2) Excel Using the information in E13.19, assume that in July 2022, Raney Company incurs the following manufacturing overhead costs:
Instructions a. Prepare a flexible budget performance report, assuming that the company worked 9,000 direct labour hours during the m b. Prepare a flexible budget performance report, assuming that the company worked 8,500 direct
labour hours during the mc. Comment on your findings.
Transcribed Image Text:Prepare flexible budget reports for manufacturing overhead costs, and comment on findings.
E13.20 (LO 2) Excel Using the information in E13.19, assume that in July 2022, Raney Company incurs the following
manufacturing overhead costs:
Instructions
Variable Costs
Indirect labour
Indirect
materials
Fixed Costs
$6,100
Supervision
$4,000
4,300
Depreciation 3,000
Utilities
3,200
Property
taxes
800
a. Prepare a flexible budget performance report, assuming that the company worked 9,000 direct labour hours during the m
b. Prepare a flexible budget performance report, assuming that the company worked 8,500 direct labour hours during the m
c. Comment on your findings.
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