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 18,000 hours of productive capacity in the department:

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 18,000 hours of productive capacity in the department Leno Manufacturing Company Press Department Factory overhead cost Press Department For the Month Ended October 31 1 Variable owerhead cost S14000000 2 Indirect factory labor 3 Power and light 4 Indirect materials $234,000.00 5 Total variable overhead cost 6 Fixed overhead costs: 57800000 7 Supervisory salaries 48,000.00 8 Depreciation of plant and equipment 9 Insurance and property taxes 2800000 Totalfixed overhead cost 15400000 $388,000.00 11 Total factory overhead cost