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1. 2. Flexible Overhead Budget Leno Manufacturing Company prepared the following factory overhead cost budget for the Press Department for October of the current year,
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Flexible Overhead Budget Leno Manufacturing Company prepared the following factory overhead cost budget for the Press Department for October of the current year, during which t expected to require 12,000 hours of productive capacity in the department: Variable overhead costs Indirect factory labor Power and light Indirect materials $111,600 5,520 $154,320 Total variable overhead cost Fixed overhead costs $54,010 Supervisory salaries Depreciatlon of plant and equipment Insurance and property taxes 33,950 109,560 Total fixed overhead cost Total factory overhead cost overhead cost budget for the Press Department for Assuming that the estimated costs for November are the same as for October, prepare a flexible factory n computations to the nearest cent, if required. Enter all amounts as positive numbers. Leno Manufacturing Company Cost Rudnet-Drece Next Previous Check My Work 5 more Check My Work uses remaining 4:55 PM E eBoolk s Print Item 08-03.ALGO 08-13.ALGO 08-20.ALGO 08-02.ALGO 08-06 ALGO 8-01.ALGO Leno Manufacturing Company Factory Overhead Cost Budget-Press Department For the Month Ended November 30 Direct labor hours 10,00012,00014,000 Variable overhead costs Indirect factory labor Power and light Indirect materials 8-04 ALGO Total variable factory overhead 8-23 Fixed factory overhead costs: Supervisory salaries Depreciation of plant and equipment Insurance and property taxes Total fixed factory overhead Total factory overhead Next Previous Check My Work more Check My Work uses remaning ess: 2/8 items 4:55 PM /20/2019 Type here to search leBook Recording Standards in Accounts The Assembly Department produced 3,000 units of product during March Each unit required 1.5 standard direct labor hours. There were 4,800 actual hours used in the Assembly Department during March at an actual rate of $12.5 per hour. The standard direct labor rate is $13 per hour Assuming direct labor for a month is paid on the fifth day of the following month, journalize the direct labor in the Assembly Department on March 31. For a compound transaction, if an amount box does not require an entry, leave it blank March 31 Next Previous eck My Work 5 more Check My Work uses remaining 4:56 PM /20/2019 19
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