Flexible Overhead Budget Leno Manufacturing Company prepared the following facto
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Question
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 14,000 hours of productive capacity in the department:
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 12,000, 14,000, and 16,000 hours of production. Round your interim computations to the nearest cent, if required. Enter all amounts as positive numbers.
Variable overhead cost: Indirect factory labor $134,400 Power and light 4,620 Indirect materials 40,600 Total variable overhead cost $179,620 Fixed overhead cost: Supervisory salaries $62,870 Depreciation of plant and equipment 39,520 Insurance and property taxes 25,150 Total fixed overhead cost 127,540 Total factory overhead cost $307,160 Google s ides The Theory of Moral Sentiments-Adam Smith Institute Adam Smith | Biography, Books,& Facts | Britannica.com CengageNOWv2 | Online teaching and learning resource+ 23-3 Exercises & Problems eBook Calculator Power and light 4,620 1. EX 23-01.ALGO Indirect materials 40,600 Total variable overhead cost $179,620 Fixed overhead cost: 3. EX23-14 ALGO . EX.23-15.ALGO 5. EX 23-17. ALGO Supervisory salaries Depreciation of plant and equipment Insurance and property taxes $62,870 39,520 25,150 Total fixed overhead cost 127,540 6. PR.23-03.ALGO Total factory overhead cost $307,160 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 ?) 12,000, 14,000, and 16,000 hours of production. Round your interim computations to the nearest cent, if required. Enter all amounts as positive numbers. Leno Manufacturing Company Factory Overhead Cost Budget-Press Department For the Month Ended November 30 12,000 14,000 1 16,000 Direct labor hours Variable overhead cost: Indirect factory labor Power and light Indirect materials Total variable factory overhead Fxed factory overhead cost: Supervisory salaries Depredation of plant and equipment Insurance and property taxes Total fixed Check My Work 2 more Check My Work uses remaining. Previous Next Progress: 4/6 items Assignment Score: 13.89% All work saved. Email Instructor Save and Exit Submit Assignment for GradingExplanation / Answer
prepare a flexible factory overhead cost budget for the Press Department for November for 12,000, 14,000, and 16,000 hours of production.
Direct labour hour 12000 14000 16000 Variable overhead cost Indirect factory labour 115200 134400 153600 Power and light 3960 4620 5280 Indirect material 34800 40600 46400 Total variable factory overhead 153960 179620 205280 Fixed factory overhead cost: Supervisor salary 62870 62870 62870 Depreciation of plant and equipment 39520 39520 39520 Insurance and property tax 25150 25150 25150 Total fixed factory overhead 127540 127540 127540 Total factory overhead 281500 307160 332820Related Questions
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