Pathe QUESTION 15 The management of Isaacson, Inc., uses a flexible budget for manufacturing overhead based on machine hours. Budgeted Variable manufacturing overhead costs per machine hour are as follows: Indirect labor machine hr. $5.00 per $2.50 per Indirect materials machine her $0.50 per Maintenance machine hr. 50.30 per Utilities machine her Budgeted fixed overhead costs per month are: Supervision $1,200 Insurance $400 Property taxes $600 Depreciation $1,800 During the month of August 2020, the company actually incurred the following manufacturing overhead costs: 5600 Remaining Time: 2 hours, 54 minutes, 13 seconds. Property taxes Depreciation $1,80 Question Completion Status: During the month of August 2020, the company actually incurred the following manufacturing overhead costs: Indirect labor $28,000 Indirect materials $16,200 Maintenance $2,800 Utilities $1,900 Supervision $1,440 Insurance $400 Property taxes $600 Depreciation $1,860 Instructions [1] Prepare a flexible budget report assuming that the company used 6,000 machine hours during August [2] Explain how the flexible budget is a more precise measure of performance than a static budget. Be specific. TTTT Paragraph XDDQ Arial 3 (12pt) T T' T, Click Save and submit to save and submit. Click Save All Answers to save all as .esc Di # $ % 2 & 3 4 5 6 8 Q W