Martinez Inc.'s manufacturing overhead budget for the first quarter of 2022 contained the following data. Variable Costs Fixed Costs Indirect materials $11,520 Supervisory salaries $34,560 Indirect labor 9,600 Depreciation 6,720 Utilities 7,680 Property taxes and insurance 7,680 Maintenance 5,760 Maintenance 4,800 Actual variable costs were indirect materials $12,960, indirect labor $9,120, utilities $8,352, and maintenance $4,800. Actual fixed costs equaled budgeted costs except for property taxes and insurance, which were $7,968. The actual activity level equaled the budgeted 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.) Variable Costs Indirect Materials Indirect Labor Utilities Maintenance +A Budget 11,520 Actual 12,960 9,600 9,120 +A Ne no 1440 7,680 8,352 672 5,760 4,800 480 Total Variable Costs 34560 35232 672 Fixed Costs Supervisory Salaries Depreciation $34,560 34,560 6,720 6,720 960 Property Taxes and Insurance 7,680 7,968 288 Maintenance Total Fixed Costs Total Costs +A 4,800 4,800 53760 88320 +A 54048 89280 CA 288 960 ( (b) Prepare a responsibility report for the first quarter. Controllable Costs Indirect Materials Indirect Labor Utilities Maintenance Supervisory Salaries +A Budget MARTINEZ INC. Manufacturing Overhead Responsibility Report For the Quarter Ended March 31, 2022 11,520 9,600 Actual 12,960 9,120 U Neit nor CA $ 1440 i 480 7,680 8,352 672 i 10,100 34,560 +A $ 73460 9,500 34,560 960 +A $ 74492 $ 1032