Please answer all parts of the question in full detail and explain your thinking, I need full explanations for your answers, and please answer both questions, thank you.

$.$Johnny Lee Incorporated produces a line of small gasoline$-$powered engines that can be used in a variety of residential machines,

ranging from different types of lawnmowers, to snowblawers, to garden tools $($such as tillers and wreed$-$whackers$).$ The basic product

line consists of three different madels, each meant to fill the needs of a different marieet. Assume you are the cost accountant for this

compary and that you have been asioed by the owmer of the company to construct a flexible budget for factary averhead coats, which

seem to be growing faster than revenues. Currently, the company uses machine hours $($MHs$)$ as the basis for assigning both variable

and fiwed factory averhead costs to products.

Wihin the relevant range af autput, you determine that the following factory fixcd owerhead casts per month should occur:

engineering support, $$16,000$; insurance on the manufacturing facility, $$6,000$; property tawes on the manufacturing facility, $$13,000$;

depreciation on manufacturing equipment, $$14,800$; and indirect labor costs of supervisory salaries, $$15,800,$ setup labor, $$3,400,$ and

materials handling, $$3,500.$ Variable factory overhead casts are budgeted at $$71\mathrm{.}00$ per machine hour, as follows: electricity, $$18\mathrm{.}00$;

indirect materials for Material A of $$11\mathrm{.}00$ and for Material B of $$14\mathrm{.}00$; indirect labor$-$maintenance, $$16\mathrm{.}00$; and production$-$related

supplies, $$12\mathrm{.}00.$

Required:

Prepare a floxlale budget for Johnry Lee for each of the following monthly lewels af machine hours: $($a$)5,000,($b$)6,000,$ and $($c$)$

$7,000.$

Generate an equation to represent, within the reievant range, the factory overhead costs per month for Jahnny Lee. Use this

equation to estimate monthly total overhead cost foe machine hours of $4,000$ to $7,000,$ in increments of $500.$

Complete this question by entering your answers in the tabs below.

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Prepare a fiexible budget for Johnny Lee for each of the following monthly levels of machine hours: $($a$)5,000,($b$)6,000,$ and

$($c$)7,000.$