Prepare a responsibility report for the manufacturing overhead for March, assuming only variable costs are controllable. WATERWAYS CORPORATION Responsibility Report Manufacturing Overhead For the Month of March Favorable Unfavorable Neither Favorable nor Unfavorable Controllable Cost Budget Actual + $ $ + + + $ GA $ eTextbook and Media Resource WATERWAYS CORPORATION Manufacturing Overhead Budget (Static) For the Month of March Budgeted production in units 107,000 Budgeted costs Indirect materials $5,350 Indirect labor 13,910 Utilities 10,700 Maintenance 8,560 Salaries 45,700 Depreciation 17,800 Property taxes 3,300 Insurance 1,200 Janitorial 1,300 Total budgeted costs $107,820 WATERWAYS CORPORATION Manufacturing Overhead Costs (Actual) For the Month of March Production in units 108,000 Costs Indirect materials $5,384 Indirect labor 14,017 Utilities 10,828 Maintenance 8,621 Salaries 45,700 Depreciation 17,800 Property taxes 3,300 Insurance 1,200 Janitorial 1,300 Total costs $108,150 Prepare a flexible overhead budget based on the following amounts produced. (Hint: Indirect materials, indirect labor, utilitites, and maintenance are variable costs. The other budgeted costs are fixed costs.) (Round unit costs to 2 decimal places, eg. 2.25. List variable costs before fixed costs.) (1) 105,000 units (2) 106,000 units (3) 107,000 units (4) 108,000 units (5) 109,000 units WATERWAYS CORPORATION Manufacturing Overhead Flexible Budget For the Month of March $ $ $ $ Depreciation Indirect Labor Indirect Materials Insurance Janitorial Maintenance Production in Units Property Taxes Salaries Taalle Total Costs Utilities Total Fixed Costs Fixed Costs Total Variable Costs Variable Costs + WATERWAYS CORPORATION Manufacturing Overhead Flexible Budget For the Month of March $ $ >> > + > $ $ $ e Textbook and Media Prepare a flexible budget report showing the differences (favorable and unfavorable in manufacturing overhead costs for the month of March. (List vairble costs before fixed costs.) WATERWAYS CORPORATION Manufacturing Overhead Flexible Budget Report For the Month of March Favorable Unfavorable Neither Favorable nor Unfavorable Budget Actual + + $ $ $ Favorable Unfavorable Neither Favorable nor Unfavorable 4 + + $ $