B D E F G H | J K L M N P Q 20 R S T U V A P10.1 (LO 2), AN An icon reads, Writing. Bumblebee 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 1 2 3 Supervision 4 Depreciation 5 6 Insurance Rent 7 Property taxes 8 9 $96,000 Ind $126,000 $72,000.00 Ind $90,000 30,000 Rep 69,000 24,000 Utili 72,000 18,000 Lub $240,000 18,000 $375,000 10 It is estimated that direct labor hours worked each month will range from 27,000 to 36,000 hours. 11 12 During October, 27,000 direct labor hours were worked, and the following overhead costs were incurred. 13 14 Fixed overhead costs: supervision $8,000, depreciation $6,000, insurance $2,460, rent $2,000, and property taxes $1,500. 15 16 Variable overhead costs: indirect labor $12,432, indirect materials $7,680, repairs $6,100, utilities $6,840, and lubricants $1,920. 17 18 Instructions 19 Complete the monthly manufacturing overhead flexible budget, below (see Exhibit 10.13), for each increment of 3,000 direct labor hours over the relevant range for the year ending December 31, 2022. (10 Points) 20 21 23 25 22222 Complete the flexible budget report (see Exhibit 10.16), below, for October. (10 Points) 24 Comment on management's efficiency in controlling manufacturing overhead costs in October. (5 Points)