Fxercise 10-10 Chubbs Inc.'s manufacturing overhead budget for the first quarter of 2017 contained the following data. Variable Costs Fixed Costs Indirect materials $11,500 Supervisory salaries Indirect labor Utilities Maintenance $35,700 7,100 7,300 5,700 10,400 Depreciation 7,500 5.600 Property taxes and insurance Maintenance Actual variable costs were indirect materials $14,900, indirect labor $9,500, utilities $9,000, and maintenance $5,200. Actual fixed costs equaled budgeted costs except for property taxes and insurance, which were $8,300. The actual activity level equaled the hudgeted 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 report for the first quarter. (List variable costs before fixed costs.) CHUBRS INC. Manufacturing Overhead Flexible Budget Report For the Quarter Eded March 31, 2017 Difference Favorable Neither Favorable Budget Actual nor Unfavorable