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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 9,000 hours of productive capacity in the department: Variable overhead cost: Indirect factory labor Power and light Indirect materials $73,800 3,600 28,800 Total variable overhead cost $106,200 Fixed overhead cost: Supervisory salaries Depreciation of plant and equipment Insurance and property taxes $37,170 23,360 14,870 Total fixed overhead cost Total factory overhead cost $181,600 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 7,000, 9,000, and 11,000 hours of production. Round your interim computations to the nearest cent, if required. Enter all amounts as positive numbers
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