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Assuming that the estimated costs for November are the same as for October, prepare a flexible factory 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 overhead cost budget for the Press Department for November for 21,000, 23,000, and 25,000 hours of production. Refer to the Amount Descriptions for exact wording of text entries.
Leno Manufacturing Company Press Department Factory overhead Cost Budget-Press Department For the Month Ended October 31 1 Variable overhead cost: 2 Indirect factory labor $230,000.00 3 Power and light 9,200.00 4 Indirect materials 110,400.00 5 Total variable overhead cost $349,600.00 6 Fixed overhead costs: 7 Supervisory salaries $76,000.00 8 Depreciation of plant and equipment 48,000.00 30,000.00 9 Insurance and property taxes 10 Total fixed overhead cost 154,000.00 $503,600.00 11 Total factory overhead cost Assuming that the estimated costs for November are the same as for October, prepare a flexible factory overhead cost budget for the Press Department for November for 21,000, 23,000, and 25,000 hours of production. Refer to the Amount Descriptions for exact wording of text entriesStep by Step Solution
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