Prepare flexible budget and budget report for manufacturing overhead.

Cook Company estimates that 300, 000 direct labor hours will be worked during the coming year, 2014, in the Packaging Department. On this basis, the budgeted manufacturing overhead cost data, shown below, are computed for the year.

Fixed Overhead Costs

Supervision	$96,000
Depreciation	72,000
Insurance	30,000
Rent	24,000
Property taxes	18,000
	$240,000

Variable Overhead Costs

Indirect labor	$126,000
Indirect materials	90,000
Repairs	54,000
Utilities	72,000
Lubricants	18,000
	$360,000

It is estimated that direct labor hours worked each month will range from 27,000 to 36,000 hours.

During October, 27,000 direct labor hours were worked and the following overhead costs were incurred.

-Fixed overhead costs: supervision $8,000, depreciation $6,000, insurance $2,460, rent $2,000, and property taxes $1,500.

-Variable overhead costs: indirect labor $12,432, indirect materials $7,680, repairs $4,800, utilities $6,840, and lubricants $1,920.

Instructions

(A) Prepare a monthly manufacturing overhead flexible budget for each increment of 3,000 direct labor hours over the relevant range for the year ending December 31, 2014.

(a) Total costs: DLH 27,000, $52,400; DLH 36,000, $63,200.

(B) Prepare a flexible budget report for October.

(b) Total $1,232 U

(My job is to put all this information into spreadsheet using excel, please help)