Flexible Overhead Budget Wiki Wiki Company has determined that the variable overhead rate is $4 per direct labor hour in the Fabrication Department. The normal production capacity for the Fabrication Department is 17,000 hours for the month. Fixed costs are budgeted at $108,800 for the month. a. Prepare a monthly factory overhead flexible budget for 16,000, 17,000, and 18,000 hours of production. Enter all amounts as positive numbers. S Wiki Wikl Company Monthly Factory Overhead Cost Budget-Fabrication Department 16,000 17,000 18,000 Direct labor hours Variable factory overhead cost Fixed factory overhead cost Total factory overhead cost b. How much overhead would be applied to production if 18,000 hours were used in the department during the month? If required, round your calculations to two decimal places and your final answer to the nearest dollar