P4-5. Budgeted Factory Overhead Costs LO3 Listed below are the budgeted factory overhead costs for 2011 for Moss Industries at a projected level of 2,000 units: $ 10,000 20,000 15,000 Expenses: Indirect materials. Indirect labor Power for machines. Straight-line depreciation Factory property tax.... Factory insurance Total 30,000 28,000 22,000 $125,000 REQUIRED: Prepare flexible budgets for factory overhead at the 1,000, 2,000, and 4,000 unit levels. (Hint: You must first decide which of the listed costs should be considered variable and which should be fixed.) Problem 4-5 Units 2,000 1,000 4,000 Expenses Variable: Indirect materials Indirect labor Power Total variable Fixed: Straight-line depreciation Factory property tax Factory insurance Total fixed Total expenses