Question 3 of 5 < > View Policies Current Attempt in Progress Cheyenne Inc.'s manufacturing overhead budget for the first quarter of 2022 contained the following data. Variable Costs Fixed Costs Indirect materials $10,560 Supervisory salaries $31,680 Indirect labor 8,800 Depreciation 6,160 Utilities 7,040 Property taxes and insurance 7,040 Maintenance 5,280 Maintenance 4,400 - / 20 III Actual variable costs were indirect materials $11,880, indirect labor $8,360, utilities $7,656, and maintenance $4,400. Actual fixed costs equaled budgeted costs except for property taxes and insurance, which were $7,304. 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.) CHEYENNE INC. Manufacturing Overhead Flexible Budget Report