US Kimmel, Accounting, 6e PRINCIPLES OF ACCOUNTING (Acc 211 and 212) PRINTER VERSaON Problem 22-2A (Part Level submission) were Company manufactures tabledoths, sales have grown rapidly over the past 2 years. As a resur, the president hasinstalled a used in developing the master manufacturing overhead budget for the Ironing Department, which is based on an activity index of drect labor hours. Labor Hour Annual Fixed Costs $0.40 supervision Indirect materials 18,360 Factory utilities Rent The master overhead budoet was prepared on the expectation that 479.200 direct labor hours will be worked during the year. In June, 45,100 drect labor hours were worked. At that of activity, actual costs were as shown below. Variable-per direct labor hour: indirect labor so 43. indirect materials so 47. factory utilities so 26, and factory repairs so 29. Fixed: same as budoeted. (a) & (b) (a) Prepare a monthly manufacturing the year ending December 31, 2 overhead flexible budget for assuming production levels range from 37,400 to 50,600 dredtlabor hours. Use 4400 direct labor hours. ZELMER COMPANY Monthly Manufacturing overhead Hexible Budget For the Year 2017 647 PM A A 4 6182017