Problem - Listed below are budgeted factory overhead costs for 2008 for gary manufacturing, inc., at a projected level of 2000 units.
indirect materials $10,000
indirect labor $20,000
power 15,000
straight line depreciation 30,000
factory property tax 28,000
factory insurance 12,000
Total $115,000
Required - Prepare flexible budgets for factory overhead at the 1,000, 2,000 and 4,000 unit levels.