Question Completion QUESTIONS Charles TimeSource, Inc., adopted a flexible budget for manufacturing overhead based on direct labor hours. The company manufacturers industrial floor mats. During 2020, variable mamfacturing overhead costs per direct labor hour are as follows Indirect labor $1.20 Indirect Materials 1 50 Factory Maintenance 30 Factory Repairs 20 Fixed costs per month are (based on expected 40,000 direct labor hours per month) Supervisor $ 4,000 Depreciation 1,500 Rent 2.500 Insurance 1.000 REQUIRED: Prepare a flexible budget performance report if the company operated at 41,000 direct labor hours and incurred the following costs daring the month of June 2020 Indirect labor $41.000 Depreciation 19,680 Rent 13,120 insurance 10.250 Actual fixed costs were the same as budgeted except for Supervisor, $4,100. For the toolbar, press ALT-F10 PCI O ALT.FN.F10 Mac). B Arial 14px IS E Paragraph X T. 5 TT XX, 3. The * Q + (0 EX 3 o Save All Anwar Click Save and Submit to and submit Chick Save All Antento one alla vers