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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 $156,400 Power and light 6,800 Indirect materials 49,300 Total variable overhead cost $212,500 Fixed overhead cost: Supervisory salaries $74,380 Depreciation of plant and equipment 46,750 Insurance and property taxes 29,750 Total fixed overhead cost 150,880 Total factory overhead cost $363,380 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

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