Fresh Mint Candy Company budgeted the following costs for anticipated production for July 2008:

Advertising expenses

$275,000

Production supervisor wages

$125,000

Manufacturing supplies

14,000

Production control salaries

33,000

Power and light

42,000

Executive officer salaries

205,000

Sales commissions

290,000

Materials management salaries

29,000

Factory insurance

23,000

Factory depreciation

17,000

Prepare a factory overhead cost budget, separating variable and fixed costs. Assume that factory insurance and depreciation are the only factory fixed costs.