Percent of capacity 90% 100% 110% Direct labor hours 3,600 4,000 4,400 Units of output...
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Accounting
Percent of capacity 90% 100% 110% Direct labor hours 3,600 4,000 4,400 Units of output 720 800 880 Variable overhead $3,960 $4,400 $4,840 Fixed overhead 5,600 5,600 5,600 Total overhead $9,560 $10,000 $10,440 Normal capacity = 100% and overhead is applied based on direct labor hours Standard overhead rate = $10,000/4,000 = $2.50 per direct labor hour Direct materials are $67.00 per unit. Direct labor is $24.50 per hour. Prepare a flexible budget for overhead based on the above data. Flexible Budget 720 800 880 X Direct Material Direct Labor Variable Overhead Fixed Overhead Total
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