Flexible Overhead Budget

Wiki Wiki Company has determined that the variable overhead rate is $2.4 per direct labor hour in the Fabrication Department. The normal production capacity for the Fabrication Department is 8,000 hours for the month. Fixed costs are budgeted at $27,200 for the month.

a. Prepare a monthly factory overhead flexible budget for 7,500, 8,000, and 8,500 hours of production. Enter all amounts as positive numbers.

Wiki Wiki Company
Monthly Factory Overhead Cost Budget-Fabrication Department
Direct labor hours	7,500	8,000	8,500
Variable factory overhead cost	$fill in the blank ffb3dffaf07e05b_1	$fill in the blank ffb3dffaf07e05b_2	$fill in the blank ffb3dffaf07e05b_3
Fixed factory overhead cost	fill in the blank ffb3dffaf07e05b_4	fill in the blank ffb3dffaf07e05b_5	fill in the blank ffb3dffaf07e05b_6
Total factory overhead cost	$fill in the blank ffb3dffaf07e05b_7	$fill in the blank ffb3dffaf07e05b_8	$fill in the blank ffb3dffaf07e05b_9

b. How much overhead would be applied to production if 8,500 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. $fill in the blank 3ed3bbfe9fbc01e_1