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20.10.2021 07:59
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Myers Company uses a flexible budget for manufacturing overhead based on direct

Myers Company uses a flexible budget for manufacturing overhead based on direct labor hours. Indirect labor $1.20
Indirect materials 0.60
Utilities 0.40

Fixed overhead costs per month are Supervision $4,000, Depreciation $1,600, and Property Taxes $800. The company believes it will normally operate in a range of 6,200- 11,600 direct labor hours per month. Prepare a monthly manufacturing overhead flexible budget for 2017 for the expected range of activity, using increments of 1,800 direct labor hours.
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wednesdayA
wednesdayA
4,4(27 marks)

the amount that should be show more money for spending is $80

Explanation:

The computation of the amount that should be show more money for spending is as follows;

= Certificate of deposit ร— reward for saving or postponing consumption percentage

= $1,000 ร— 8%

= $80

hence, the amount that should be show more money for spending is $80

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