Monty Company estimates that 294,000 direct labor hours wil be worind during the coming year, 2022 , in the Packaging Department. On this basis, the following budgeted manufacturing overhead cost data are computed tor the year. It is estimsted that Girect labor hours worked exch month will range trom 26,100 to 35,000 hours During Oxtober. 26,100 direct labor hours wert worked, and the following overhead costs were incurred. 51,470 Variable overtead costs: indirect tabor 512,177 , indirect materias 57.530, repairs 55.912, uelitited 56,096 , and lubricants $1.878. [a] Prepare a monthyy manufacturing ovemead nesible budget for each increment of 3,300 Girect laber hours over the teievant rarge for the vear ending December 31. 2022. (t ist variable costs before fued costs.) During October, 26,100 direct laber hours were worked and the following pverhead costs were incurred. Fued ovenead costs supervision $7,840, depreclation $5.880, insurance $2.409, rent $1,900 and property taves 51,470 Varlable overtead costs: indliect labor $12,177, indirect materiats $7.530, repairs $5,912, utilties 56.696 and hubricants $1.878. (a) Prepare a monthly manufacturing overhead flexible budget for each increment of 3.300 direct bbor hours over the relevant range for the year ending December 31, 2022. (t.ist variable cests before fued costs.) (b) Prepare a flexble butget report tor October, (List variable costs before fixed costs.) During October, 26,100 direct laber hours were worked and the following pverhead costs were incurred. Fued ovenead costs supervision $7,840, depreclation $5.880, insurance $2.409, rent $1,900 and property taves 51,470 Varlable overtead costs: indliect labor $12,177, indirect materiats $7.530, repairs $5,912, utilties 56.696 and hubricants $1.878. (a) Prepare a monthly manufacturing overhead flexible budget for each increment of 3.300 direct bbor hours over the relevant range for the year ending December 31, 2022. (tist variable casts before fued costs.) (b) Prepare a flexble butget report tor October, (List variable costs before fixed costs.) (b) Prepare a flewble budget report for October. (List variable costs before fued costs.) MONTY COMPANY Packaging Department Manufacturing Overhead Flexible Budget Repor eTextbook and Media Save for tar Attempte unlimited Subrait Answet (b) Prepare a flexible budget report for October. (List variable costs before fured costs.) $ 5