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The cost formulas for Emory Company's manufacturing overhead costs are given below. T cost formulas cover a relevant range of 15,000 to 25,000 machine-hours each year. Overhead costs Cost formula Utilities £0.30 per machine-hour Indirect labour £52,000 plus £1.40 per machine-hour 0.20 per machine-ho Maintenance £ 18,000 plus £010 per machine-hour Depreciation Required

The cost formulas for Emory Company's manufacturing overhead costs are given below. T cost formulas cover a relevant range of 15,000 to 25,000 machine-hours each year. Overhead costs Cost formula Utilities £0.30 per machine-hour Indirect labour £52,000 plus £1.40 per machine-hour 0.20 per machine-ho Maintenance £ 18,000 plus £010 per machine-hour Depreciation Required

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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II E13-2 The cost formulas for Emory Company's manufacturing overhead costs are given below. TE cost formulas cover a relevant range of 15,000 to 25,000 machine-hours each year. Overhead costs Cost formula Utilities £0.30 per machine-hour Indirect labour £52,000 plus £1.40 per machine-hour Supplies 020 per machine-houi Maintenance E18,000 plus £010 per machine-hour Depreciation 00006 3 Required Prepare a flexible budget in inerements of 5,000 machine-hours. Include all costs in your budget. a.
Transcribed Image Text:II E13-2 The cost formulas for Emory Company's manufacturing overhead costs are given below. TE cost formulas cover a relevant range of 15,000 to 25,000 machine-hours each year. Overhead costs Cost formula Utilities £0.30 per machine-hour Indirect labour £52,000 plus £1.40 per machine-hour Supplies 020 per machine-houi Maintenance E18,000 plus £010 per machine-hour Depreciation 00006 3 Required Prepare a flexible budget in inerements of 5,000 machine-hours. Include all costs in your budget. a.
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