Probles 24-2A (Part Level troning Department, which is based on an activity index of direct labor hours Indirect materials Factory utilties Factory repairs 0.20 Rent 40400direct labor ous w t v The master overhead budget was prepared on the expectation that 484 800 drect aborrs ill be wored dring the yea direct labor heuns Indivect labor 50.43, indirect materials o.52 (actory utis s0.3.and oy ins o.2 Flxeds same as budgsted (a) & (b) eter wet 'onge i1. 2017, anning at 0 Type here to search k: 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 The formula is - Click if you would like to Show Work for this question: Open Show Work + total variable costs of O Type here to search