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MBA, Ph.D in Management
Harvard university
Feb-1997 - Aug-2003
Professor
Strayer University
Jan-2007 - Present
Using the information in E22-3, assume that in July 2014, Thome Company incurs the following manufacturing overhead costs.
Â
Variable Costs Fixed Costs
Indirect Labor             $8,800                                               Supervision    $4,000
Indirect Materials       $5,300                                               Depreciation  1,200
Utilities                      3,200                                                  Property Taxes 800
Â
 Prepare flexible budget performance report, assuming that the company worked 9,000 direct labor hours during the month.
(b)Â Â Prepare flexible budget performance report, assuming that the company worked 8,500 direct labor hours during the month.
(c)Â Â Â
Comment on your findings.
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