Ivanhoe, Inc uses a flexible budget for manufacturing overhead based on machine hours. Variable manufacturing overhead costs per machine hour are as follows: Fixed overhead costs per month are: The company beliveves it will normally operate in a range of 5,500 to 9,500 machine hours per month. During the month of August. 2022, the company incurs the following manufocturing overhead costs Prepare a flexible budget report, assuming that the company used 7,500 machine hours during August, (List variable costs before fixed costs) IVANHOE, INC. Manufacturing Overhead Budget Report (Flexible) For the Month Ended August 31, 2022 $ 5 5