Johnston Company cleans and applies powder coat paint to metal items on a job-order basis. Johnston has budgeted the following amounts for various overhead categories in the coming year. Supplies $221,000 Gas Indirect labor 52,000 174,000 75,500 49,000 Supervision Depreciation on equipment Depreciation on the buliding Rental of special equipment Electricity (for lighting, heating, and air conditioning) Telephone Landscaping service Other overhead 40,000 10,000 28,100 4,200 2,000 58,000 In the coming year, Johnston expects to powder coat 180,000 units. Each unit takes 1.4 direct labor hours. Johnston has found that supplies and gas (used to run the drying ovens-all units pass through the drying ovens after powder coat paint is applied) tend to vary with the number of units produced. All other overhead categories are considered to be fixed. Required: 1. Calculate the number of direct labor hours Johnston must budget for the coming year. Calculate the variable overhead rate. Calculate the total fixed overhead for the coming year. When required, round your answers to the nearest cent and use the rounded answers in subsequent requirements. Direct labor hours 1. Calculate the number of direct labor hours Johnston must budget for the coming year. Calculate the variable overhead rate. Calculate the total fixed overhead for the coming year. When required, round your answers to the nearest cent and use the rounded answers in subsequent requirements. Direct labor hours Variable overhead rate $ per direct labor hour Total fixed overhead $ 2. Prepare an overhead budget for Johnston for the coming year. Show the total variable overhead, total fixed overhead, and total overhead. When required, round your answers to the nearest cent. Johnston Company Overhead Budget For the Coming Year Budgeted direct labor hours Variable overhead rate Budgeted variable overhead $ Budgeted fixed overhead Total budgeted overhead $ Calculate the fixed overhead rate and the total overhead rate. If required, round your answers to the nearest cent. Fixed overhead rate $1 per direct labor hour Total overhead rate per direct labor hour 3. What if Johnston had expected to make 178,000 units next year? Assume that the variable overhead per unit does not change and the total fixed overhead amounts do not change. Calculate the new budgeted direct labor hours. Prepare a new overhead budget. If required, round your answers to the nearest cent. Johnston Company New Overhead Budget For the Coming Year Budgeted direct labor hours Variable overhead rate $ Budgeted variable overhead $ Budgeted fixed overhead Total budgeted overhead $| Calculate the fixed overhead rate and the total overhead rate. If required, round your answers to the nearest cent. Fixed overhead rate per direct labor hour Total overhead rate per direct labor hour