xvz company estimates that 240,000 direct labor hours will be worked during 2017 in the Painting Department. Based on this estimate, the following budget was developed for manufacturing overhead costs Indirect labor Indirect materials Repairs Utilities Lubricants $72,000 48,000 36,000 26,400 9,600 $192,000 Supervision Depreciation $75,000 30,000 Rent Property taxes 9,000 6,000 $132,000

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