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Marigold Company uses a flexible budget for manufacturing overhead based on direct labor hours. Budgeted variable manufacturing overhead costs per direct labor hour are as

Marigold Company uses a flexible budget for manufacturing overhead based on direct labor hours. Budgeted variable manufacturing overhead costs per direct labor hour are as follows.

Indirect labor $1.20
Indirect materials 0.90
Utilities 0.60

Budgeted fixed overhead costs per month are Supervision $3,760, Depreciation $1,128, and Property Taxes $752. The company believes it will normally operate in a range of 6,5809,400 direct labor hours per month. Prepare a monthly manufacturing overhead flexible budget for 2022 for the expected range of activity, using increments of 940 direct labor hours.

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