ORIOLE COMPANY ESTIMATES 379,500 DIRECT LABOUR HOURS WILL BE WORKED DURING THE COMING YEAR, 2022, IN THE PACKAGING DEPARTMENT. ON THIS BASIS THE FOLLOWING BUDGETED MANUFACTURING OVERHEAD COST DATA ARE COMPUTED FOR THE YEAR.

Oriole Company estimates that 3/9,500 direct labor hours will be worked during the coming year, 2022, in the Packaging Department. On this basis, the following budgeted manufacturing overhead cost data are computed for the year. Fixed Overhead Costs Variable Overhead Costs Supervision $94,440 Indirect labor $174,570 Depreciation 73,320 Indirect materials 75,900 Insurance 25,560 Repairs 53,130 Rent 21,120 Utilities 94,875 Property taxes 20,880 Lubricants 37,950 $235,320 $436,425 It is estimated that direct labor hours worked each month will range from 24,900 to 36,900 hours. During October, 24,900 direct labor hours were worked and the following overhead costs were incurred. Fixed overhead costs: Supervision $7,870, Depreciation $6,110, Insurance $2,095, Rent $1,760, and Property taxes $1,740. Variable overhead costs: Indirect labor $12,544, Indirect materials, $4,500, Repairs $3,406, Utilities $6,545, and Lubricants $2,740 (a) Prepare a monthly manufacturing overhead flexible budget for each increment of 4,000 direct labor hours over the relevant ange for the vear ending December 31, 2022. (List variable costs before fixed costs.)ORIOLE COMPANY Packaging Department Monthly Manufacturing Overhead Flexible Budget For the Year 2022 Activity Level V Direct Labor Hours V 24900 Variable Costs V Indirect Labor V $ $ $ $ Indirect Materials V Repairs V Utilities V Lubricants V Total Variable Costs V Fixed Costs V Repairs Utilities Lubricants Total Variable Costs v Fixed Costs Supervision 7,870 7,870 7,870 Depreciation 6,110 6,110 6,110 Insurance 2,095 2,095 2,095 Rent 1,760 1,760 1,760 Property Taxes 1,740 1,740 1,740 Total Fixed Costs 19575 19575 19575 Total Costs $ORIOLE COMPANY Packaging Department Monthly Manufacturing Overhead Flexible Budget For the Year 2022 24900 36900 $ $\f(b) Prepare a flexible budget report for October. (List variable costs before fixed costs.) ORIOLE COMPANY Packaging Department Manufacturing Overhead Flexible Budget Report For the Month Ended October 31, 2022 Differ Favori Unfavo Neither Fa Budget Actual Costs nor Unfa $ $\fORIOLE COMPANY Packaging Department Manufacturing Overhead Flexible Budget Report For the Month Ended October 31, 2022 Difference Favorable Unfavorable Neither Favorable Budget Actual Costs nor Unfavorable $ $ V v\fActivity Level Depreciation Direct Labor Direct Labor Hours Direct Materials Fixed Costs Indirect Labor Indirect Materials Insurance Lubricants Property Taxes Rent Repairs Supervision Total Costs Total Fixed Costs Total Variable Costs Utilities Variable Costs vFavorable Unfavorable Neither Favorable nor Unfavorable V v