pine knoll wood products company prepared the following overhead cost budget for the Press Department for February 2008, during which it expected to require 10,000 hours of productive capacity in the department: Variable overhead cost: Indirect factory labor 28,000 Power and light 4,500 Indirect materials 22,000 Total variable cost 54,500 Fixed overhead cost: Supervisory salaries 36,000 Depreciation of plant and equipment 30,000 Insurance and property taxes 8,000 Total fixed cost 74,000 Total factory overhead cost 128,500 Assuming that the estimated cost for March are the same as for February, prepare a flexible factory overhead cost budget for the Press Department for March for 8,000, 10,000 and 12,000 hours of production
