Question 1 of 1 67.36 / 100 = WO View Policies Show Attempt History Current Attempt in Progress Your answer is partially correct. Indigo Company estimates that 360,000 direct labor hours will be worked during the coming year, 2022, in the Packaging Department On this basis, the following budgeted manufacturing overhead cost data are computed for the year. Fixed Overhead Costs Variable Overhead Costs Supervision $115,200 $151,200 Indirect labor Indirect materials Depreciation 86,400 108,000 Insurance 36,000 Repairs 82,800 Rent 28,800 Utilities 86,400 Property taxes 21,600 Lubricants 21,600 $288,000 $450,000 It is estimated that direct labor hours worked each month will range from 31.600 to 44,800 hours. During October 31,600 direct labor hours were worked, and the following overhead costs were incurred. Fixed overhead costs: supervision $9,600, depreciation $7,200, insurance $2.948, rent $2,400, and property taxes $1,800. Variable overhead costs: indirect labor $14,905, indirect materials $9,224, repairs $7,122, utilities $8,192, and lubricants $2,296. (a) Prepare a monthly manufacturing overhead flexible budget for each increment of 4.400 direct labor hours over the relevant range for the year ending December 31, 2022. (List variable costs before fixed costs.) INDIGO COMPANY Packaging Department Monthly Manufacturing Overhead Flexible Budget For the Year 2022 Question 1 of 1 67.36 / 100 INDIGO COMPANY Packaging Department Monthly Manufacturing Overhead Flexible Budget For the Year 2022 Activity Level 31600 36000 40400 Variable Costs Indirect Labor $ 13272 $ 15120 s 16968 Indirect Materials 9480 10800 12120 Repairs 7268 8280 9292 Utilities 7584 8640 9696 Lubricants 1896 2160 2424 Total Variable Costs 39500 45000 50500 Fixed Costs Supervision 10112 11520 12928 Depreciation 7584 8640 9696 Insurance 3160 3600 4040 Rent 2528 2880 3232 Property Taxes 1896 2160 2424 Total Fixed Costs 25280 28800 32320 Total Costs TA 64780 $ 73800 $ 82820 Question 1 of 1 67.36 / 100 E Packaging Department Manufacturing Overhead Flexible Budget Report For the Month Ended October 31, 2022 Di FE Uni Neithi nor U Budget Actual Costs Variable Costs Indirect Labor 13272 $ 14905 $ 1633 i Indirect Materials 9480 9224 256 Repairs 7268 7122 146 Utilities 7584 8192 608 i Lubricants 1896 2296 400 Total Variable Costs 39500 41739 2239 Fixed Costs Supervision 10112 9600 512 Depreciation 7584 7200 384 Insurance 3160 2948 212 Rent 2528 2400 128 Property Taxes 1896 1800 96 Total Fixed Costs 25280 23948 1332 Question 1 of 1 67.36 / 100 Difference Favorable Unfavorable Neither Favorable nor Unfavorable Budget Actual Costs 13272 $ 14905 $ 1633 i Unfavorable 9480 9224 256 Favorable 7268 7122 146 Favorable 7584 8192 608 i Unfavorable 1896 2296 400 i Unfavorable 39500 41739 2239 Unfavorable 10112 9600 512 Neither Favorable nor Unfavorable 7584 7200 384 Neither Favorable nor Unfavorable 3160 2948 212 Favorable 2528 2400 128 Neither Favorable nor Unfavorable 1896 1800 96 Neither Favorable nor Unfavorable 25280 23948 1332 Favorable 64780 $ $ 65687 $ 907 Unfavorable