Prepare a flexible factory overhead cost budget

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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

Reference no: EM132472820

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