1 of 2 -150 E Novak Company estimates that 300,000 direct labor hours will be worked during the coming year, 2022, in the Packaging Department. On this basis, the following budgeted manufacturing overhead cost data are computed for the year. Fixed Overhead Costs Variable Overhead Costs Supervision $96,000 Indirect labor $126,000 Depreciation 72,000 Indirect materials 90,000 Insurance 30,000 Repairs 69,000 Rent 24,000 Utilities 72.000 Property taxes 18.000 Lubricants 18,000 $240,000 $375,000 It is estimated that direct labor hours worked each month will range from 26,600 to 36.800 hours During October, 26,600 direct labor hours were worked, and the following overhead costs were incurred. Fixed overhead costs: supervision $8,000, depreciation $6,000, Insurance $2,458. rent $2.000, and property taxes $1,500 Question 1 of 2 < -/50 E During October, 26,600 direct labor hours were worked, and the following overhead costs were incurred. Fixed overhead costs: supervision $8,000, depreciation $6,000, insurance $2,458, rent $2,000, and property taxes $1,500. Variable overhead costs: indirect labor $12.425, indirect materials $7,684, repairs $6,022, utilities $6,832, and lubricants $1.916. (a) Prepare a monthly manufacturing overhead flexible budget for each increment of 3,400 direct labor hours over the relevant range for the year ending December 31, 2022. (Ust variable costs before fixed costs.) (a) Prepare a monthly manufacturing overhead flexible budget for each increment of 3,400 direct labor hours over the relevant range for the year ending December 31, 2022. (List variable costs before foxed costs.) NOVAK COMPANY Packaging Department Monthly Manufacturing Overhead Flexible Budget For the Year 2022 Question 1 of 2 -/50 $ $ pter 251 Question 1 of 2 < > (b) Prepare a flexible budget report for October. Lt vartable costs before fond costs NOVAK COMPANY Packaging Department Manufacturing Overhead Flexible Budget Report -/50 Differe Favora Unfavor Neither Fa Budget Actual Costs nor Unfav $ tA PANY artment xible Budget Report Difference Favorable Unfavorable Neither Favorable nor Unfavorable -750 Question 1 of 2 -/50 00 eTextbook and Media >