Problem 10-2A (Part Level Submission) Zelmer Compary manufactunes tableckths. Sales have grown rapidy over the past 2 years As a resutr the president has installed a budgetary control system for 2017 The following dsta were used in developing the master merufacturing overhesd budget for the Ironing Department, which is based on n activity index of direct labor Rate per Direct bor Hour 0.44 Supervision Lndirect labor Indirect materials Factary utilitics Fattory repairs 41 040 16,200 13,320 30,960 0.32 Insurance 0.24 Rent The master overhead hudget was prepaned on the cxpectation that 470,500 drect labar hours will be worked during the year. In lune, 37,500 direct labor hours were worked. At that level of actvity, actual costs were as shoan below. Varisble-per diret labor hour: indirect labor $0.47, irdirect materisle $0.5, factory utlities $0.35, and factory repairs $0.29 Fixed: same as budpeted (a) &(b) Your answer is partialy corect. Try again. (a) Prepare a monthly manufacturing overhead flexible budget for the vear ending December 31, 2017, assuming production leve s range from 33,300 to 50,900 direct labor hours. Use increments of 4,200 direct labar hours. (List varlable costs before fixed costs) LMLR COMPANY the Year 201 (b) Prepare a budget report for lune companing actual resuits with budget data based on the fiexoble budget. (List varfable costs before fixed costs.) Manufacturing Overhead Fledble Dudget Report For the Month Ended June 30, 2017 Neither Favorable Budget Actual Costs Tota Co