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Cheyenne Inc's manufacturing overhead budget for the first quarter of 2022 contained the following data. Actual variable costs were indirect materials $11,880, indirect labor $8,360,
Cheyenne Inc's manufacturing overhead budget for the first quarter of 2022 contained the following data. Actual variable costs were indirect materials $11,880, indirect labor $8,360, utilities $7,656, and maintenance $4,400. Actual fixed costs equaled budgeted costs except for property taxes and insurance, which were $7,304. 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.) Question 12 of 15 Budget Actual NeitherFavorablenorUnfavorable $ $ 5 (b) Prepare a responsibility report for the first quarter
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