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Instructions Amount Descriptions Factory Overhead Cost Budget Factory Overhead Cost Budget Assuming that the estimated costs for November are the same as for October, prepare
Instructions Amount Descriptions Factory Overhead Cost Budget Factory Overhead Cost Budget 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 18.000, 20,000, and 22000 hours of production. Refer to the Amount Descriptions for exact wording of text entries. Leno Manufacturing Company Factory Overhead Cost Budget-Press Department For the Month Ended November 30 Direct labor hours 18,000 2 Variable factory overhead costs: 20,000 22,000 7 Fixed factory overhead costs: Instructions Amount Descriptions Factory Overhead Cost Budget Instructions 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 20,000 hours of productive capacity in the department: Leno Manufacturing Company Factory Overhead Cost Budget-Press Department For the Month Ended October 31 1 Variable overhead cost: 2 Indirect factory labor $180,000.00 Power and light 8,000.00 Indirect materials 72,000.00 $260,000.00 Total variable overhead cost 6 Fixed overhead cost: Supervisory salaries 8 Depreciation of plant and equipment 9 Insurance and property taxes $67,000.00 58,000.00 31,000.00 10 Total fixed overhead cost 11 Total factory overhead cost 156,000.00 $416,000.00 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 18,000, 20,000, and 22,000 hours of production. Refer to the Amount Descriptions for exact wording of text entries
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