ILS di budget to as follows: 120,100 Direct Labor Hours Expected annual operating capacity Variable overhead costs Indirect labor Indirect materials Factory supplies $600,500 120,100 60,050 Total variable 780,650 240,000 Fixed overhead costs Depreciation Supervision Property taxes 120,000 96,000 Total fixed 456,000 Total costs $1.236,650 The relevant range for monthly activity is expected to be between 8, 100 and 12,000 direct labor hours. Prepare a flexible budget for a monthly activity level of 8,100 and 9,100 direct labor hours. (List variable costs before fixed costs.) BLOSSOM CO. Monthly Flexible Manufacturing Overhead Budget BLOSSOM CO. Monthly Flexible Manufacturing Overhead Budget Activity level Direct labor hours 8,100 9,100 > > LS