Flexible Overhead Budget Leno Manufacturing Company prepared the following factory overhead cost budget for the Press...

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Flexible Overhead Budget Leno Manufacturing Company prepared the following factory overhead cost budget for the Press Departm Leno Manufacturing Company Factory Overhead Cost Budget-Press Department For the Month Ended November 30 Direct labor hours 1

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Leno Manufacturing Company
Factory Overhead Cost Budget-Press Department
For the Month Ended November 30
Direct labor hours	18,000	20,000	22,000
Variable overhead cost:
Indirect factory labor	$ 162,000.00	$ 180,000.00	$ 198,000.00
Power and light	$ 10,800.00	$ 12,000.00	$ 13,200.00
Indirect materials	$ 57,600.00	$ 64,000.00	$ 70,400.00
Total variable factory overhead	$ 230,400.00	$ 256,000.00	$ 281,600.00
Fixed factory overhead cost:
Supervisory salaries	$ 80,000.00	$ 80,000.00	$ 80,000.00
Depreciation of plant and equipment	$ 50,000.00	$ 50,000.00	$ 50,000.00
Insurance and property taxes	$ 32,000.00	$ 32,000.00	$ 32,000.00
Total fixed factory overhead	$ 162,000.00	$ 162,000.00	$ 162,000.00
Total factory overhead cost	$ 392,400.00	$ 418,000.00	$ 443,600.00

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Leno Manufacturing Company
Factory Overhead Cost Budget-Press Department
For the Month Ended November 30
Direct labor hours	18000	20000	22000
Variable overhead cost:
Indirect factory labor	=180000/20000*18000	=180000/20000*20000	=180000/20000*22000
Power and light	=+(12000)/20000*18000	=+(12000)/20000*20000	=+(12000)/20000*22000
Indirect materials	=+(64000)/20000*18000	=+(64000)/20000*20000	=+(64000)/20000*22000

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