Fiscal Fixes Ltd is preparing flexible budget cost estimates for the following items within a range of 16 000 to 24 000 chargeable hours:

	Fixed cost				Variable cost per chargeable hour
Rent Electricity Insurance Training Temporary secretarial support Non-billable hours Sundry expenses		$154 000 7 000 8 000 3 000 — 35 000 21 000				— $  0.20 0.38 1.40 25.00 — 1.40

Required

A. Prepare a flexible overhead budget for 16000, 20000 and 24000 chargeable hours.

B. Calculate the fixed, variable and total overhead rates if 19000 hours are actually charged to clients during the budget period.