Fixed Overhead Costs Variable Overhead Costs 18,000 18,000 $222,000 $360,000 It
ID: 2433480 • Letter: F
Question
Fixed Overhead Costs
Variable Overhead Costs
18,000
18,000
$222,000
$360,000
It is estimated that direct labor hours worked each month will range from 27,000 to 36,000 hours.
During October, 27,000 direct labor hours were worked and the following overhead costs were incurred.
For the Year 2008
27000
30000
33000
36000
1,500
Fixed Overhead Costs
Variable Overhead Costs
Supervision $90,000 Indirect labor $126,000 Depreciation 60,000 Indirect materials 90,000 Insurance 30,000 Repairs 54,000 Rent 24,000 Utilities 72,000 Property taxes18,000
Lubricants18,000
$222,000
$360,000
Explanation / Answer
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