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Flexible Overhead Budget Leno Manufacturing Company prepared the following factory overhead cost budget for the Press...
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 13,000 hours of productive capacity in the department:
| Variable overhead cost: | ||
| Indirect factory labor | $118,300 | |
| Power and light | 4,030 | |
| Indirect materials | 32,500 | |
| Total variable overhead cost | $154,830 | |
| Fixed overhead cost: | ||
| Supervisory salaries | $54,190 | |
| Depreciation of plant and equipment | 34,060 | |
| Insurance and property taxes | 21,680 | |
| Total fixed overhead cost | 109,930 | |
| Total factory overhead cost | $264,760 |
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 11,000, 13,000, and 15,000 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 | |||
| Direct labor hours | 11,000 | 13,000 | 15,000 |
| Variable overhead cost: | |||
| Indirect factory labor | $ | $ | $ |
| Power and light | |||
| Indirect materials | |||
| Total variable factory overhead | $ | $ | $ |
| Fixed factory overhead cost: | |||
| Supervisory salaries | $ | $ | $ |
| Depreciation of plant and equipment | |||
| Insurance and property taxes | |||
| Total fixed factory overhead | $ | $ | $ |
| Total factory overhead | $ | $ | $ |
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Expert Solution
| Leno Manufacturing Company | |||
| Factory Overhead Cost Budget-Press Department | |||
| For the Month Ended November 30 |
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ekkarill92 answered 1 year agoRelated Solutions
Flexible Overhead Budget Leno Manufacturing Company prepared the following factory overhead cost budget for the Press...
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 18,000 hours of
productive capacity in the department:
Variable overhead cost:
Indirect factory labor
$165,600
Power and light
5,760
Indirect materials
46,800
Total variable overhead
cost
$218,160
Fixed overhead cost:
Supervisory salaries
$76,360
Depreciation of plant and equipment
48,000
Insurance and property taxes
30,540
Total fixed overhead
cost
154,900
Total factory...
Flexible Overhead Budget Leno Manufacturing Company prepared the following factory overhead cost budget for the Press...
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 9,000 hours of
productive capacity in the department:
Variable overhead cost:
Indirect factory labor
$76,500
Power and light
2,790
Indirect materials
21,600
Total variable overhead
cost
$100,890
Fixed overhead cost:
Supervisory salaries
$35,310
Depreciation of plant and equipment
22,200
Insurance and property taxes
14,120
Total fixed overhead
cost
71,630
Total factory...
Flexible Overhead Budget Leno Manufacturing Company prepared the following factory overhead cost budget for the Press...
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:
Variable overhead cost:
Indirect factory labor
$133,000
Power and light
6,440
Indirect materials
30,800
Total variable overhead
cost
$170,240
Fixed overhead cost:
Supervisory salaries
$59,580
Depreciation of plant and equipment
37,450
Insurance and property taxes
23,830
Total fixed overhead
cost
120,860
Total factory...
Flexible Overhead Budget Leno Manufacturing Company prepared the following factory overhead cost budget for the Press...
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 13,000 hours of
productive capacity in the department:
Variable overhead cost:
Indirect factory labor
$122,200
Power and light
4,160
Indirect materials
35,100
Total variable overhead
cost
$161,460
Fixed overhead cost:
Supervisory salaries
$56,510
Depreciation of plant and equipment
35,520
Insurance and property taxes
22,600
Total fixed overhead
cost
114,630
Total factory...
Flexible Overhead Budget Leno Manufacturing Company prepared the following factory overhead cost budget for the Press...
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 15,000 hours of
productive capacity in the department:
Variable overhead costs:
Indirect factory labor
$118,500
Power and light
6,900
Indirect materials
42,000
Total variable overhead
cost
$167,400
Fixed overhead costs:
Supervisory salaries
$58,590
Depreciation of plant and equipment
36,830
Insurance and property taxes
23,440
Total fixed overhead
cost
118,860
Total factory...
Flexible Overhead Budget Leno Manufacturing Company prepared the following factory overhead cost budget for the Press...
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 20,000 hours of
productive capacity in the department:
Variable overhead costs:
Indirect factory labor
$180,000
Power and light
12,000
Indirect materials
64,000
Total variable overhead
cost
$256,000
Fixed overhead costs:
Supervisory salaries
$ 80,000
Depreciation of plant and equipment
50,000
Insurance and property taxes
32,000
Total fixed overhead
cost
162,000
Total...
Flexible Overhead Budget Leno Manufacturing Company prepared the following factory overhead cost budget for the Press...
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 10,000 hours of
productive capacity in the department:
Variable overhead cost:
Indirect factory labor
$87,000
Power and light
4,400
Indirect materials
31,000
Total variable overhead
cost
$122,400
Fixed overhead cost:
Supervisory salaries
$42,840
Depreciation of plant and equipment
26,930
Insurance and property taxes
17,140
Total fixed overhead
cost
86,910
Total factory...
Flexible Overhead Budget Leno Manufacturing Company prepared the following factory overhead cost budget for the Press...
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 9,000 hours of
productive capacity in the department:
Variable overhead costs:
Indirect factory labor
$87,300
Power and light
3,780
Indirect materials
27,000
Total variable overhead
cost
$118,080
Fixed overhead costs:
Supervisory salaries
$41,330
Depreciation of plant and equipment
25,980
Insurance and property taxes
16,530
Total fixed overhead
cost
83,840
Total factory...
Flexible Overhead Budget Leno Manufacturing Company prepared the following factory overhead cost budget for the Press...
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 10,000 hours of
productive capacity in the department:
Variable overhead cost:
Indirect factory labor
$86,000
Power and light
4,100
Indirect materials
31,000
Total variable overhead
cost
$121,100
Fixed overhead cost:
Supervisory salaries
$42,390
Depreciation of plant and equipment
26,640
Insurance and property taxes
16,950
Total fixed overhead
cost
85,980
Total factory...
Flexible Overhead Budget Leno Manufacturing Company prepared the following factory overhead cost budget for the Press...
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 11,000 hours of
productive capacity in the department:
Variable overhead costs:
Indirect factory labor
$95,700
Power and light
3,850
Indirect materials
27,500
Total variable overhead
cost
$127,050
Fixed overhead costs:
Supervisory salaries
$44,470
Depreciation of plant and equipment
27,950
Insurance and property taxes
17,790
Total fixed overhead
cost
90,210
Total factory...
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