Whispering Winds Inc's manufacturing overhead budget for the first quarter of 2025 contained the following...
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Accounting
Whispering Winds Inc's manufacturing overhead budget for the first quarter of 2025 contained the following data.
Variable Costs
Fixed Costs
Supervisory salaries
$40,320
Indirect materials
$13.440
Indireet labor
11,200
Depreciation
7.840
Utilities
8,960
Property taxes and insurance
8,960
Maintenance
6.720
Maintenance
5.600
Actual variable costs were indirect materials $15,120, indirect labor $10,640, utilities $9,744, and maintenance $5,600. Actual fixed costs equaled budgeted costs except for property taxes and insurance, which were $9,296. The actual activity level equaled the budgeted level.
All costs are considered controllable by the production department manager except for depreciation, and property taxes and insurance.
(a) Prepare a manufacturing overhead flexible budget report for the first quarter. (List variable costs before fixed costs.)
WHISPERING WINDS INC.
Manufacturing Overhead Flexible Budget Report
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