Ex. 186 Webb, Inc. uses a flexible budget for manufacturing overhead based on machine hours. Variable manufacturing overhead costs per machine hour are as follows: Indirect labor $5.00 Indirect materials 2.50 Maintenance 50 Utilities 30 Fixed overhead costs per month are: Supervision $1,200 Insurance 400 Property taxes Depreciation The company believes it will normally operate in a range of 4,000 to 8,000 machine hours per month During the month of August, 2016, the company incurs the following manufacturing overhead costs: Indirect labor $28,000 Indirect materials 16,200 Maintenance Utilities 1.900 Supervision Insurance Property taxes Depreciation 600 1,800 2.800 Instructions Prepare a flexible budget report, assuming that the company used 6,000 machine hours during August. US) E E E D Foc