Levels of Activity us Amount Descriptions Overhead Budget Instructions Palladium Inc. produces a variety of household cleaning products. Palladium's controller has developed standard costs for the Palladium's controller has developed standard costs for the following four overhead items folowing four overhead items Overhead Item Maintenance Power Indirect labor Rent Varlable Rate per Direct Labor Hour $0.20 0.55 2.20 Total Fixed Cost $86,200 139,200 35,300 Next year, Palladium expects production to require 80,000 direct labor hours Required 1. Prepare an overhead budget for the expected level of direct labor hours for the coming year 2. Prepare an overhead budget that reflects production that is 13% higher tan expected, and for production that is 13% lower than e peded Previous Next Check My Work 2 more Check My Work uses remaining