Tiger Equipment Inc., a manufacturer of construction equipment, prepared the following factory overhead cost budget for the Welding Department for May of the current year. The company expected to operate the department at 100% of normal capacity of 8,700 hours.

TIGER EQUIPMENT INC. Factory overhead Cost Welding Department For the Month Ended May 31 1 Variable costs: $40,020.00 2 Indirect factory wages 3 Power and Light 20,880.00 4 Indirect materials 17400.00 $78,300.00 5 Total variable cost 6 Fixed costs: $19,800.00 7 Supervisory salaries 8 Depreciation of plant and equipment 35,700.00 18,450.00 9 Insurance and property taxes 73,950.00 10 Total fixed cost 11 Total factory overhead cost $152,25000 During May, the department operated at 9,080 standard hours, and the factory overhead costs in were indirect factory wages, $42,268; power and light, $21,520; indirect materials, $18,700; supervisory cumed salaries, $19,800; depreciation of plant and equipment, $35,700; and insurance and property taxes, $18,450. TIGER EQUIPMENT INC. Factory overhead Cost Welding Department For the Month Ended May 31 1 Variable costs: $40,020.00 2 Indirect factory wages 3 Power and Light 20,880.00 4 Indirect materials 17400.00 $78,300.00 5 Total variable cost 6 Fixed costs: $19,800.00 7 Supervisory salaries 8 Depreciation of plant and equipment 35,700.00 18,450.00 9 Insurance and property taxes 73,950.00 10 Total fixed cost 11 Total factory overhead cost $152,25000 During May, the department operated at 9,080 standard hours, and the factory overhead costs in were indirect factory wages, $42,268; power and light, $21,520; indirect materials, $18,700; supervisory cumed salaries, $19,800; depreciation of plant and equipment, $35,700; and insurance and property taxes, $18,450