CDO Manufacturing company noted that the following overhead cost:

Indirect Labor =P240,000

Indirect Material =P 180,000

Utilities =P 60,000

Depreciation = P180,000

Supervision = P120,000

Property Taxes =P60,000

Expected operating capacity is 120,000 direct labor hours per month. Relevant range: 8,000 - 12,000 direct labor hours per month.

Solve: Prepare the budget for selected incrementsof activity within the relevant range. Prepared in increments of 1,000 direct labor hours.