exible Budget for various levels of Activity Palladium the produces a variety of household cleaning products. Palladium's controller has developed standard costs for the following four overhead items: Overhead Item Maintenance Total Fixed Cost $ 86,000 Variable Rate per Direct Labor Hour $0.20 Power 0.45 2.10 Indirect labor 140,000 Rent 35,000 Next year, Palladium expects production to require 90,000 direct labor hours. Required: 1. Prepare an overhead budget for the expected level of direct labor hours for the coming year. Palladium Inc. Overhead Budget For the Coming Year Activity Love Variable costs Beper Hout 90.000 Hours Maintenance Power Indirect labor Total variable cost Pooed costs Maintenance Indirect labor Check My Workmore Check My Workesromaining Previous Next > Email Instructor Save and E Submit Assent for Gradine delete tance Indirect labor Rent Toled costs Totalvados 2. Prepare an overhead budget that reflects production that is 15% higher than expected and for production that is than expected lower Activity Level Rate per Hour Variable costs Maintenance Indirect labor Total variable costs Fixed costs: Maintenance Indirect labor Total fixed costs Total overhead costs Check My Work more Check My Work oming Kredious Next >