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Can you please solve the wrong answers? Thank you! Current Attempt in Progress Your answer is partially correct. Chubbs Inc.'s manufacturing overhead budget for the
Can you please solve the wrong answers? Thank you!
Current Attempt in Progress Your answer is partially correct. Chubbs Inc.'s manufacturing overhead budget for the first quarter of 2020 contained the following data. Actual variable costs were indirect materials $15,000, indirect labor $9,200, utilities $9,900, and maintenance $4,600. Actual fixed costs equaled budgeted costs except for property taxes and insurance, which were $9,200. The actual activity level equaled the budgeted level. All costs are considered controllable by the production department manager except for depreciation, and property taxes and insurance. (a) Prepare a manufacturing overhead flexible budget report for the first quarter. (List variable costs before fixed costs.) (a) Prepare a manufacturing overhead flexible budget report for the first quarter. (List variable costs before fixed costs.) CHUBBS INC. Manufacturing Overhead Flexible Budget Report For the Quarter Ended March 31, 2020 Budget Actual Variable Costs Indirect Materials $ $ 15000i $ Indirect Labor \begin{tabular}{|l|l|} \hline 10900 & i \\ \hline \end{tabular} \begin{tabular}{|l|l|} \hline 9200 & i \\ \hline \end{tabular} Utilities \begin{tabular}{|l|l|} \hline 7300 & i \\ \hline \end{tabular} \begin{tabular}{|l|l|} \hline 9900i \\ \hline \end{tabular} \begin{tabular}{|lc|} \hline Maintenance & \\ \hline Total Variable Costs & \\ \hline \hline Total Fixed Costs \\ \hline \end{tabular} \begin{tabular}{|l|c|} \hline Fixed Costs & \\ \hline \hline \end{tabular} \begin{tabular}{|l|} \hline \hline 6700 \\ \hline \end{tabular} \begin{tabular}{|l|} \hline \hline 36700 \\ \hline \end{tabular} Supervisory Salaries \begin{tabular}{|c|} \hline 6600 \\ \hline \end{tabular} \begin{tabular}{|l|} \hline 6600 \\ \hline \hline \end{tabular} Depreciation \begin{tabular}{|l|} \hline 7900 \\ \hline \end{tabular} \begin{tabular}{|l|} \hline 9200 \\ \hline \end{tabular} Property Taxes and Insurance CHUBBS INC. Manufacturing Overhead Flexible Budget Report For the Quarter Ended March 31, 2020 Difference Favorable Unfavorable Neither Favorable nor Unfavorable ActualStep by Step Solution
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