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 - Press Department

Factory Overhead Cost BudgetPress Department

For the Month Ended October 31

1

Variable overhead cost:

2

Indirect factory labor

$180,000.00

3

Power and light

12,000.00

4

Indirect materials

64,000.00

5

Total variable overhead cost

$256,000.00

6

Fixed overhead costs:

7

Supervisory salaries

$80,000.00

8

Depreciation of plant and equipment

50,000.00

9

Insurance and property taxes

32,000.00

10

Total fixed overhead cost

162,000.00

11

Total factory overhead cost

$418,000.00

Amount Descriptions

Depreciation of plant and equipment

Indirect factory labor

Indirect materials

Insurance and property taxes

Power and light

Supervisory salaries

Total factory overhead cost

Total fixed overhead cost

Total variable overhead cost

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.

Leno Manufacturing Company - Press Department

Factory Overhead Cost BudgetPress Department

For the Month Ended November 30

1

Direct labor hours

18,000

20,000

22,000

2

Variable overhead cost:

3

4

5

6

7

Fixed overhead cost:

8

9

10

11

12