Clampit Company uses a flexible budget for manufacturing overhead based on machine hours. Budgeted variable manufacturing overhead costs per machine hour are as follows: $5.00 per Indirect labor machine hour $2.10 per Indirect materials machine hour $0.50 per Maintenance machine hour $0.40 per Utilities machine hour Budgeted Fixed overhead costs per month are: Supervision $1,200 Insurance $400 Property taxes $600 Depreciation $1,800 During the month of June 2020, the company incurs the following manufacturing overhead costs: Indirect labor $28,000 Indirect materials $16,200 Insurance $400 $600 Remaining Time: 1 hour, 18 minutes, 39 seconds. Property taxes Depreciation $1,80 Question Completion Status: During the month of June 2020, the company incurs the following manufacturing overhead costs: Indirect labor $28,000 Indirect materials Maintenance Utilities Supervision Insurance Property taxes Depreciation $16,200 $2,800 $1,900 $1,440 $400 $600 $1,860 Instructions [A] Prepare a flexible budget report assuming that Clampit used 6,000 machine hours during June 2020. [B] Explain clearly how the flexible Budget is a more favorable analysis of performance than a static budget. Be specific Arial . Paragraph %DOQ Of Mashups 16 3 (12pt) E. E T.. T' TRET WTHLESS