Eercise 10-10 (Video) Chubs Inc.'s manufacturing overhead budget for the first Quarter of 2020 contained the following Variable costs Fixed Costs Indirect materials $11,000 Supervisory wares $35,200 Indirector 10,000 Depreciation 7,000 7.000 Property taxes and insurance 7.200 Maintenance 5,600 Maintenance 5,200 Actual variable costs were indirect materials 5.500, indirect labor $9,600 vie. 100, and maintenance $5,300. Actuale costed buttede for proy. The activity level equaled the budgeted level Al costs are considered controllable by the production department manager except for deprecation, and property and in () Prepare manufacturing overhead flexible budget report for the first quarter (ut variables Betweed costs) CHUBBS INC Manufacturing overhand Flexible Budget Hapert For the Quarter Ended March 31, 2020 Difference Ferie Urte Neither Fevere Actual >>>