Chubbs Inc's manufacturing overhead budget for the first quarter of 2017 contained the following data. Fixed Costs Variable Costs $36,700 6,600 7,900 4,200 $11,500 Supervisory salaries Indirect materials Indirect labor Utilities Maintenance 10,900 Depreciation Property taxes and insurance 7,300 5,700 Maintenance Actual variable costs were indirect materials $15,000, indirect labor $9.200, utilities $9,900tand maintenance $4,600. Actual fixed costs equale 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 repor for the first quarter (liat variable costs before fixed costs) . (List variable costs before fixed cost CHUBBS INC. Manufacturing Overhead Flexible Budget Report For the Quarter Ended March 31, 2017 Difference Favorable Unfavorable Neither Favorable nor Unfavorable CHUBBS INC. Manufacturing Overhead Flexible Budget Report For the Quarter Ended March 31, 2017 Difference Favorable Unfavorable Neither Favorable nor Unfavorable Budget Actual Supervisory Salaries Variable Costs 11,500 15,000 3,500 Unfavorable Indirect Materials 10,900 500 Favorable 9,200 Indirect Labor 7,300 9.900 2,600 Unfavorable Utilities 5,700 4,600 1,100 Favorable Maintenance 35,400 38,7 Unfavorable Total Variable Costs 36,700 Neither Favoral Fixed Costs 36,700 Neither Favorat 6,600 6,600 Supervisory Salaries 1,300 Unfavorable 9,200 7,900 Depreciation o Neither Favorat 4,200 4,200 2 Property Taxes and Insurance Unfavorable CHUBBS INC Manufacturing Overhead Flexible Budget Report For the Quarter Ended March 31, 2017 Difference Favorable Unfavorable Neither Favorable nor Unfavorable Budget Actual 3500 Unfavorable s00 Favorable 2,600 Unfavorable 1,100 Favorable 11,500 15,000 9,200 10,900 9,900 7,300 4,600 5,700 Unfavorable 3,300 38,700 35.400 reshr rn 0Neither Favorable noe Unfavorable 36,700 34.700 O Neither Favorable nor Unfavorable 6,600 6,600 1,300Unfavorable 9,200 7,900 0 Neither Favorable nor Untavorable 4,200 4,200 Insurance Unfavorable Neither Favorable nor Unfavorable Budget Actual Supervisory Salaries Variable Costs 11,500 15,000 3,500Unfavorable Indirect Materials 10,900 9,200 500 Favorable Indirect Labor 7.300 9,900 2,600 Unfavorable Utilities 5,700 1,100 Favorable 4,600 Maintenance Unfavorable 35,400 08,700 3,300 Total Variable Costs Neither Favarable 36,700 Fixed Costs 36,700 0Neither Favorable 6,600 600 Supervisary Salaries 1,300 Unfaverable 9.200 7,900 Depreciation 0 Neither Favorable 4,200 4,200 Property Taxes and Insurance Unfavorable 1.300 56,700 55.400 Total Foed Costs 90,800 Total Variable Costs (b) Prepare a responsibility report for the first quarter CHUBBS TNC (b) Prepare a responsibility report for the first quarter CHUBBS INC. Manufacturing Overhead Responsibility Report For the Quarter Ended March 31, 2017 Favorable Unfavorable Neither Favorable nor Unfavorable Controllable Costs Budget Actual Indirect Materials 11,500 15,000 Indirect Labor 10,900 SOD Favorable 9.200 Indirect Labor 10,900 9,200 Favorable 500 Utilities 9.900 Unfavorable 2,600 Maintenance 5,700 4,600 1,100 Favorable 38.700 $ 35,400 3,300 Unfavorable