Problem 10-2A a-b, d (Video) Zelmer Company manufactures tablecloths. Sales have grown rapidly over the past 2 years. As a result, the president has installed a budgetary control system for 2020. The following data were used in developing the master manufacturing overhead budget for the Ironing Department, which is based on an activity index of direct labor hours. Variable costs Indirect labor Indirect materials Factory utilities Factory repairs Rate per Direct Labor Hour Annual Fixed Costs $0.43 Supervision $44,400 0.51 Depreciation 14,640 0.32 Insurance 16,800 0.24 Rent 29,280 The master overhead budget was prepared on the expectation that 477,100 direct labor hours will be worked during the year. In June, 44,500 direct labor hours were worked. At that level of activity, actual costs were as shown below. Variable-per direct labor hour: indirect labor $0.46, indirect materials $0.50, factory utilities $0.35, and factory repairs $0.28. Fixed: same as budgeted. (b) Prepare a budget report for June comparing actual results with budget data based on the flexible budget. (List variable costs before fixed costs.) ZELMER COMPANY Ironing Department Manufacturing Overhead Flexible Budget Report For the Month Ended June 30, 2020 Difference Favorable afavorable Neither Favorable har Unfavorable Budget Actual State the formula for computing the total budgeted costs for the Ironing Department. (Round variable cost per unit to 2 decimal places, e.g. 1.55.) per direct labor hour. The formula is total fixed costs $ + variable costs of $ Click if you would like to show Work for this question: Open Show Work Activity Level Depreciation Direct Labor Direct Labor Hours Direct Materials Factory Repairs Factory Utilities Fixed Costs Indirect Labor Indirect Materials Insurance Rent Supervision Total Costs Total Fixed Costs Total Variable Costs Variable Costs