ercise 25-03 ane Company uses a flexible budget for manufacturing overhead based on direct labor hours. Variable manufacturing erhead costs per direct labor hour are as follows: $1.30 direct labor direct materials Utilities 0.80 0.20 Fixed overhead costs per month are Supervision $3,900, Depreciation $2,000, and Property Taxes $800. The company believes it will normally operate in a range of 8,000-11,600 direct labor hours per month. Prepare a monthly manufacturing overhead flexible budget for 2020 for the expected range of activity, using increments of 1,200 direct labor hours. (List variable costs before fixed costs.) CRANE COMPANY Monthly Manufacturing Overhead Flexible Budget For the Year 2020 Activity Level Direct Labor Hours 8000 11600 Variable Costs Indirect Labor 8000 11600 Indirect Materials Utilities Total Variable Costa Fixed Costs Supervision Depreciation Property Taxe Total coste Total Cont Click if you would like to Show Work for this questioni R S