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 16,000 hours of productive capacity in the department:

Variable overhead costs: Indirect factory labor $152,000 Power and light 7,200 Indirect materials 46,400 Total variable overhead cost $205,600 Fixed overhead costs: Supervisory salaries $71,960 Depreciation of plant and equipment 45,230 Insurance and property taxes 28,780 Total fixed overhead cost 145,970 Total factory overhead cost $351,570

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 14,000, 16,000, and 18,000 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 14,000 16,000 18,000 Variable overhead costs: Indirect factory labor $ $ $ Power and light Indirect materials Total variable factory overhead $ $ $ Fixed factory overhead costs: Supervisory salaries $ $ $ Depreciation of plant and equipment Insurance and property taxes Total fixed factory overhead $ $ $ Total factory overhead $ $ $