The Mixing Department manager of Monty Company is able to control all overhead costs except rent, property taxes, and salaries. Budgeted monthly overhead costs for the Mixing Department, in alphabetical order, are: Indirect labor $11,760 Property taxes $980 Indirect materials 7,546 Rent 1,764 Lubricants 1,646 Salaries 9,800 Maintenance 3,430 Utilities 4,900 Actual costs incurred for January 2022 are indirect labor $12,005, indirect materials $9,996, lubricants $1,617, maintenance $3,430, property taxes $1,078, rent $1,764, salaries $9,800, and utilities $6,272. Prepare a responsibility report for January 2022. omework with Video Assistance Question 11 of 16 < > Controllable Costs Budget $ $ MONTY COMPANY Mixing Department Responsibility Report Actual $ $ $ eTextbook and Media ✓ -/1 !!! nor Unfavorable
The Mixing Department manager of Monty Company is able to control all overhead costs except rent, property taxes, and salaries. Budgeted monthly overhead costs for the Mixing Department, in alphabetical order, are: Indirect labor $11,760 Property taxes $980 Indirect materials 7,546 Rent 1,764 Lubricants 1,646 Salaries 9,800 Maintenance 3,430 Utilities 4,900 Actual costs incurred for January 2022 are indirect labor $12,005, indirect materials $9,996, lubricants $1,617, maintenance $3,430, property taxes $1,078, rent $1,764, salaries $9,800, and utilities $6,272. Prepare a responsibility report for January 2022. omework with Video Assistance Question 11 of 16 < > Controllable Costs Budget $ $ MONTY COMPANY Mixing Department Responsibility Report Actual $ $ $ eTextbook and Media ✓ -/1 !!! nor Unfavorable
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:The Mixing Department manager of Monty Company is able to control all overhead costs except rent, property taxes, and salaries.
Budgeted monthly overhead costs for the Mixing Department, in alphabetical order, are:
Indirect labor
$11,760
Property taxes
$980
Indirect materials
7,546
Rent
1,764
Lubricants
1,646
Salaries
9,800
Maintenance
3,430
Utilities
4,900
Actual costs incurred for January 2022 are indirect labor $12,005, indirect materials $9,996, lubricants $1,617, maintenance $3,430,
property taxes $1,078, rent $1,764, salaries $9,800, and utilities $6,272.
Prepare a responsibility report for January 2022.
omework with Video Assistance
Question 11 of 16
< >
Controllable Costs
Budget
$
$
MONTY COMPANY
Mixing Department
Responsibility Report
Actual
$
$
$
eTextbook and Media
✓
-/1
!!!
nor Unfavorable
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