Your answer is partially correct. Try again. Bumblebee Company estimates that 406,200 direct labor hours will be worked during the coming year, 2017, in the Packaging Department. On this basis, the budgeted manufacturing overhead cost data are computed for the year. Fixed Overhead Costs Variable Overhead Costs $162,480 105,612 73,116 101,550 24,372 $467,130 $87,600 Indirect labor Insurance Rent Property taxes 69,480 Indirect materials 27,960 Repairs 27,480 Utilities 21,240 Lubricants $233,760 it is estimated that direct labor hours worked each month will range from 25,600 to 31,900 hours. During October, 25,600 direct labor hours were worked and the following overhead costs were Incurred. Fixed o overhead cots: Supervision $7,300, Depreciation $5,790, Insurance s2,300, Rent $2,290, and Property taxes $1,770. Variable overhead costs: Indirect labor $11,340, Indirect materials, $6,306, Repairs $4,538, Utilities $6,780, and Lubricants $1,826 a monthly manufacturing overhead flexible budget for each increment of 2,100 direct labor hours over the relevant range for the year ending December 31, BUNBLEBEE COMPANY Monthly Manufacturing Overhead Flexible Budget URCES Packaging Department Monthly Manufacturing Overhead Flexible Budget For the Year 2017 Activity Leve 2-2 Direct Labor Hours 25600 27700 29800 31900 2-4 2-5 2-6 Variable Costs Indirect Labor 9695 10430 11165 22-9 Indirect Materials 5632 6094 6556 7018 Repairs 3840 4155 4470 4785 Utilities 5632 6094 6556 7018 1280 1385 1490 1595 s by Study Total Variable Costs + 25344 27423 29502 31581 Fixed Costs Supervision 7300 7300 7300 7300 CALCULATOR PR CES Fixed Costs Supervision 7300 7300 7300 7300 Depreciation 5790 5790 5790 5790 Insurance 2300 2300 2300 2300 Rent 2290 2290 2290 Property Taxes 1770 1770 1770 1770 Total Fixed Costs 19450 19450 19450 19450 Total Costs 44794 46873 48952 51031 (b) Prepare a flexible budget report for October. (List variable costs before fixed costs.) BUMBLEBEE COMPANY Packaging Department Manufacturing Overhead Flexible Budget Report For the Month Ended October 31, 2017 tudy Difference Favorable Unfavorable Neither Favorable nor Unfavorable Budget Actual Costs ignment CALCULATOR PRINTER VER Budget Actual Costs nor Unfavorable Activity Level 25600 Variable Costs Indirect Labor 8960 11340 2380 Unfavorable Indirect Materials 5632 6306 674 Unfavorable Repairs 3840 4538 698 Unfavorable Utilities 5632 6780 1148 Unfavorable 1280 1826 546 T Unfavorable Total Variable Costs 25344 30790 5446 Unfavorable Fixed Costs ady 7300 7300 0 Neither Favorable nor Unfavorable + Depreciation 5790 5790 0 T Neither Favorable nor Unfavorable a nsurance 2300 2300lI oll T Neither Favorable nor Unfavorable : ent CALCULATOR PRINT 7300 o Neither Favorable nor Unfavorable of r Neither Favorable nor Unfavorable Neither Favorable nor Unfavorable oT Neither Favorable nor Unfavorable 0T Neither Favorable nor Unfavorable Supervision 7300 Depreciation 5790 5790 Insurance 2300 2300 Rent 2290 2290 Property Taxes 1770 1770 Total Fixed Costs 19450 19450 O I Neither Favorable nor Unfavorable 44794 50240 5446 Unfavorable Total Costs Click if you would like to Show Work for this question: Onen Show.Work VIDEOi SIMILAR