Leno Manufacturing Company prepared the following factory overhead cost budget for the Press Department for October 2014, during which it expected to require 20,000 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 18,000, 20,000, and 22,000 hours ofproduction.

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Variable overhead cost: Indirectfactory labor Power and light Indirect materials $180,000 12,000 64,000 Total variable overhead cost $256,000 Fixed overhead cost: Supervisory salaries Depreciation of plant and equipment Insurance and property taxes 80,000 50,000 32,000 162000 $418,000 Total fixed overhead cost Total factory overhead cost