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sessment education wiley.com +aWileyPLUS Assignments Question 2 of 4 -/1 View Policies Current Attempt in Progress Chubbs Inc.'s manufacturing overhead budget for the first quarter

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sessment education wiley.com +aWileyPLUS Assignments Question 2 of 4 -/1 View Policies Current Attempt in Progress Chubbs Inc.'s manufacturing overhead budget for the first quarter of 2017 contained the following data, Variable Costs Fixed Costs Indirect materials $11.200 Supervisory salaries $36,300 Indirect labor 10.200 Depreciation 6.200 Utilities 7,700 Property taxes and insurance 7.100 Maintenance 6,000 Maintenance 4,000 Actual variable costs were indirect materials $14,800, indirect labor $9,300, utilities $9.500, and maintenance $5,200. Actual fixed costs equaled budgeted costs except for property taxes and insurance, which were $9,200. 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.) CHUBBS INC. Manufacturing Overhead Flexible Budget Report For the Quarter Ended March 31, 2017 Di Question 2 of 4 Neither Favorable nor Unfavorable Budget Actual $ renies sre idet regers Question 2 of 4

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