Exercise $23\mathrm{.}7($Static$)$ Preparing a Flexible Overhead Budget $($LO$23-6)$

Razmon$$s Jewelers has accumulated the following budgeted overhead information $($dollar amounts may include both fixed and variable costs$).$

Direct Labor Hours

$2,000$ hours $3,000$ hours

Maintenance $ $12,000$ $ $17,000$

Depreciation $8,0008,000$

Manager's salary $45,00045,000$

Indirect supplies $3,2004,700$

Utilities $1,0001,200$

Other $8,5009,000$

Use this information to create the overhead budget for $2,800$ direct labor employee hours.