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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 11,000 hours of productive capaci the department: Variable overhead cost: Indirect factory labor Power and light $79,200 3,410 34,100 Indirect materials Total variable overhead cost $116,710 Fixed overhead cost: $40,850 Supervisory salaries Depreciation of plant and equipment 25,680 Insurance and property taxes 16,340 Total fixed overhead cost 82,870 Total factory overhead cost $199,580 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 9,000, 11,000, and 13,000 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 9,000 11,000 Variable overhead cost: Indirect factory labor 13,000 Power and light Indirect materials Total variable factory overhead Fixed factory overhead cost: Supervisory salaries Depreciation of plant and equipment Insurance and property taxes Total fixed factory overhead Total factory overhead cost
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