. 1 9 . -=-= Q.No. 2 Prepare a Flexible budget for overheads on the basis of the following data. Ascertain t be overhead rates at 50% and 60% capacity. 75. Marks) Variable overheads: At 60% capacity (OMR) Indirect Material 6,000 Labour 18,000 Semi-variable overheads: Electricity: (40% Fixed & 60% variable. 30,000 Repairs: (80% fixed & 20% Variable) 3,000 Fixed overheads: Depreciation 16,500 Insurance 4,500 Salaries 15,000 Total overheads 93.000 Estimated direct labour hours 1,866,000