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 9,000 hours of productive capacity in the department: Variable overhead cost: Indirect factory labor $79,200 Power and light 2,880 Indirect materials 29,700 Total variable overhead cost $111,780 Fixed overhead cost: : Supervisory salaries $39,120 Depreciation of plant and equipment 24,590 Insurance and property taxes 15,650 Total fixed overhead cost 79,360 Total factory overhead cost $191,140