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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
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 12,000 hours of productive capacity in the department: Variable overhead cost: Indirect factory labor Power and light Indirect materials $88,800 3,720 33,600 Total variable overhead cost $126,120 Fixed overhead cost: Supervisory salaries Depreciation of plant and equipment Insurance and property taxes $44,140 27,750 17,660 Total fixed overhead cost 89,550 Total factory overhead cost $215,670 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 10,000, 12,000, and 14,000 hours of production. Round your interim computations to the nearest cent, if required. Enter all amounts as positive numbers
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