Glenda Company uses a flexible budget for manufacturing overhead based on direct labor hours. For 2014, the master overhead budget for the Packaging Department based on 300,000 direct labor hours was as follows.

During July, 24,000 direct labor hours were worked. The company incurred the following variable costs in July: indirect labor $30,200, supplies and lubricants $11,600, maintenance $17,500, and utilities $9,200. Actual fixed overhead costs were the same as monthly budgeted fixed costs.
Instructions Prepare a flexible budget report for the Packaging Department for July.

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Variable Costs Indirect labor Supplies and lubricants Maintenance Utilities $360,000 150,000 210,000 120,000 $840,000 Fixed Costs Supervision Depreciation Property taxes Insurance $ 60,000 24,000 18,000 12,000 $114,000