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Wildhorse, Inc. uses a flexible budget for manufacturing overhead based on machine hours. Variable manufacturing overhead costs per machine hour are as follows: $5.00 2.50 Indirect labor Indirect materials Maintenance Utilities 0.50 0.30 $1310 Fixed overhead costs per month are: Supervision Insurance Property taxes Depreciation 510 710 1.950 The company believes it will normally operate in a range of 5,100 to 9.100 machine hours per month. During the month of August, 2022, the company incurs the following manufacturing overhead costs: The company believes it will normally operate in a range of 5,100 to 9.100 machine hours per month. During the month of August. 2022, the company incurs the following manufacturing overhead costs: $33,370 Indirect labor Indirect materials Maintenance 19.170 3,310 Utilities 2.250 Supervision 1.600 Insurance 510 Property taxes 710 Depreciation 2,080 Prepare a flexible budget report assuming that the company used 7,100 machine hours during August. (List variable costs before fixed costs) WILDHORSE, INC. Manufacturing Overhead Budget Report (Flexible) For the Month Ended August 31, 2022 Difference Favorable (F) Unfavorable (0) Not Applicable (NA) Budget at 7,100hrs. Actual at 7,100hrs. $ $ > >