Your answer is partially correct. Bonita Company uses a flexible budget for manufacturing overhead based on direct labor hours. Variable manufacturing overhead costs per direct labor hour are as follows: Indirect labor Indirect materials $1.40 0.50 0.30 Utilities Fixed overhead costs per month are Supervision $4.500, Depreciation $1,300, and Property Taxes $700. The company believes it will normally operate in a range of 7.700-11,600 direct labor hours per month. Prepare a monthly manufacturing overhead flexible budget for 2020 for the expected range of activity, using increments of 1.300 direct labor hours. (List variable costs before food costs) BONITA COMPANY Monthly Manufacturing Overhead Flexible Budget For the Year 2020 7.700 9.000 10,300 11,600 10780 12.600 14,420 16.240 3850 4,500 5.150 5,800 2,700 3,090 2,310 31480 16,940 25.520 19,800 22,660 BONITA COMPANY Monthly Manufacturing Overhead Flexible Budget For the Year 2020 7.700 9,000 10,300 11,600 10780 $ $ 12,600 $ 14,420 16.240 3850 4.500 5,150 5,800 2,310 2,700 3,090 3,480 16,940 19.800 22.660 25,520 4.500 4,500 4.500 4500 1,300 1,300 1.300 1,300 700 700 700 700 6,500 6,500 6.500 6.500 23,440 26,300 29,160 $ 32,020 e Textbook and Media Save for Later Attempts: 1 of 3 used Submit Answer BONITA COMPANY Monthly Manufacturing Overhead Flexible Budget For the Year 2020 Activity Level Direct Labor Hours 7.700 9,000 Vartable Coats Indirect Materials $ 10780 $ 12,600 $ Utilities 3850 4,500 Indirect Labor 2.310 2,700 Total Variable Costs 16.940 19,800 Fluced Costs Supervision 4,500 4,500 Depreciation 1,300 1,300 Property Tasces 700 700 Total Fixed Costs 6,500 6,500 Total Costs 23,440 $ 26,300