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Sarasota Company estimates that 324,000 direct labor hours will be worked during the coming year, 2022, in the Packaging Department. On this basis, the following

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Sarasota Company estimates that 324,000 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. It is estimated that direct labor hours worked each month will range from 28,600 to 40,000 hours. During October, 28,600 direct labor hours were worked, and the following overhead costs were incurred. Foxed overhead costse supervision $6,640, depreciation $6,480, insurance $2,654, rent $2,160, and property taxes $1,620. Variable overhead costs: indirect labor $13,417, indirect materials $8,300, repairs $6,462, utilities $7,376, and lubricants $2,068. (b) Prepare a flesible budget report for October (tht varlable costs belore foed costs)

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