Reference no: EM132472820
Flexible Overhead Budget
Leno Manufacturing Company prepared the following factory overhead cost budget for the Press Department for October of the current year, during which it expected to require 12,000 hours of productive capacity in the department:
Variable overhead cost:
Indirect factory labor $96,000
Power and light 4,680
Indirect materials 27,600
Total variable overhead cost $128,280
Fixed overhead cost:
Supervisory salaries $44,900
Depreciation of plant and equipment 28,220
Insurance and property taxes 17,960
Total fixed overhead cost 91,080
Total factory overhead cost $219,360
Question 1: Assuming that the estimated costs for November are the same as for October, prepare a flexible factory overhead cost budget for the Press Department for November for 10,000, 12,000, and 14,000 hours of production. Round your interim computations to the nearest cent, if required. Enter all amounts as positive numbers.
Attachment:- Leno Manufacturing Company Factory Overhead Cost Budget.rar
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