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Flexible Overhead Budget Leno Manufacturing Company prepared the following factory overhead cost budget for the Press Department for October of the current year, during which

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Flexible Overhead Budget Leno Manufacturing Company prepared the following factory overhead cost budget for the Press Department for October of the current year, during which it expected to require 17,000 hours of productive capacity in the department: Variable overhead cost: Indirect factory labor $129,200 Power and light 7,990 Indirect materials 56,100 Total variable overhead cost $193,290 Fixed overhead cost: Supervisory salaries $67,650 Depreciation of plant and equipment 42,520 Insurance and property taxes 27,060 Total fixed overhead cost 137,230 Total factory overhead cost $330,520 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 15,000, 17,000, and 19,000 hours of production. Round your interim computations to the nearest cent, if required. Enter all amounts as positive numbers. Leno Manufacturing Company Factory Overhead Cost Budget-Press Department For the Month Ended November 30 Direct labor hours 15,000 17,000 Variable overhead cost: 19,000 Indirect factory labor Power and light Indirect materials Total variable factory overhead Fixed factory overhead cost: Supervisory salaries Depreciation of plant and equipment Insurance and property taxes Total fixed factory overhead $ Total factory overhead cost

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