Hexible Butot In an attempt to improve budgeting the controller for M ore Inc, has developed a feble butt for overhead costs Hellore, Inc, makes two types of products, the standard model and the del model. Mellore expects to produce 400,000 units of the standard model and 140,000 units of the del model during the coming year the standard model requires 10 direct labor hour per unit and the del model requires 0.16. The controller has developed the following cost formats for each of the four overheads Cost Formula $4,600 + 1.25 DUH Maintenance Indirector Required 1. Prepare an overhead budget for the expected activity level for the coming year. Meliore, Inc. Overhead Budget For the Year Ended December 31 Per DLH Budgeted direct labor hours DUH Variable costs: Maintenance Power Indirect labor Total variable costs Faxed costs Maintenance Indeect labor Total foed costs Total overhead costs 2. Prepare an overhead budget that reflects production that is 10 percent higher than expected (for both products) Meliore, Inc. Overhead Budget For the Year Ended December 31 Per DH Budgeted direct labor hours Variable costs: Maintenance Power Un Indirect labor Total variable costs Faced costs Maintenance Indirect labor Rent Totalfoed costs Total overhead costs Prepare an overhead budget for production that is 20 percent lower than expected. Meliore, Inc Overhead Budget For the Year Ended December 31 Budgeted direct labor hours Variable costs: Maintenance Power Indirect labor Total variable costs Prepare an overhead budget for production that is 20 percent lower than expected. Meliore, Inc. Overhead Budget For the Year Ended December 31 Per DLH Budgeted direct labor hours DLH Variable costs: Maintenance Power Indirect labor Total variable costs Fixed costs: Maintenance Indirect labor Rent Total fixed costs Total overhead costs Check My Work