Problem 24-1A Your answer is partially correct. Try again. Bumblebee Company estimates that 337,700 direct labor hours will be worked during the coming year, 2017, in the Packaging Department. On this basis, the budgeted manufacturing overhead cost data are computed for the year. Fixed Overhead Costs Variable Overhead Costs Indirect labor Supervision $88,200 $155,342 Depreciation 74,294 72,000 Indirect materials Insurance 29,760 Repairs 67,540 Utilities Rent 24,360 67,540 13,080 16,885 Lubricants Property taxes $227,400 $381,601 It is estimated that direct labor hours worked each month will range from 21,500 to 29,600 hours. During October, 21,500 direct labor hours were worked and the following overhead costs were incurred Fixed overhead costs: Supervision $7,350, Depreciation $6,000, Insurance $2,450, Rent $2,030, and Property taxes $1,090 Variable overhead costs: Indirect labor $10,920, Indirect materials, $4,320, Repairs $4,240, Utilities $4,630, and Lubricants $1,365 (a) Prepare a monthly manufacturing overhead flexible budget for each increment of 2,700 direct labor hours over the relevant range for the year ending December 31, 2017. (List variable costs before fixed costs.) (a) Prepare a monthly manufacturing overhead flexible budget for each increment of 2,700 direct labor hours over the relevant range for the year ending December 31, 2017. (List variable costs before fixed costs.) BUMBLEBEE COMPANY Packaging Department Monthly Manufacturing Overhead Flexible Budget For the Year 2017 Activity Level 26900 29600 21500 24200 Direct Labor Hours Variable Costs Indirect Labor 13616 9890 11132 12374 |Indirect Materials 5918 4730 5324 6512 Repairs 4300 5380 4840 5920 Utilities 5380 5920 4300 4840 1345 1075 1210 1480 Lubricants 1075 1210 1345 1480 Lubricants 33448 24295 30397 Total Variable Costs 27346 Fixed Costs Supervision 7350 7350 7350 7350 Depreciation 6000 6000 6000 6000 Insurance 2450 2450 2450 2450 Rent 2030 2030 2030 2030 1090 1090 1090 1090 Property Taxes x X Total Fixed Costs 18920 18920 18920 18920 x x x 43215 46266 49317 52386 Total Costs