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Webb, Inc. uses a flexible budget for manufacturing overhead based on machine hours. Variable manufacturing...

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Accounting

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Webb, Inc. uses a flexible budget for manufacturing overhead based on machine hours. Variable manufacturing overhead costs per machine hour are as follows: Fixed overhead costs per month are: The company believes it will normally operate in a range of 4,000 to 8,000 machine hours per month. During the month of August, 2019 , the company incurs the following manufacturing overhead costs: The company believes it will normally operate in a range of 4,000 to 8,000 machine hours per month. During the month of August, 2019, the company incurs the following manufacturing overhead costs: Prepare a flexible budget report, assuming that the company used 6,000 machine hours during August. (List variable costs before fixed costs.) Difference Favorable (F) Budget at Actual at Unfavorable (U) 6,000 hrs. 6,000 hrs. Not Applicable (NA) Property Taxes Supervision Variable Costs $ Repairs Total Variable Costs Maintenance Insurance Indirect Materials Depreciation Total Costs Total Fixed Costs Utilities Indirect Labor

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