Stemeld inc's manufacturing overtead tudget for the first quarter of 2022 contained the following data. Actual variable costs were indirect materials $14,650, indirect tabor $10,450, utilities $9,570, and maintenunce $5,500. Actual bwed costs equaled buxtseted costs except for groperty taxes and insurance, which were $9.130. The actual activity level equaled the budgeted tevel. All costs are considered controlitble ty the production department manager except for depreciation, and property taxes and insurabce. (a) Prepare a manufacturing overthead flecibie budget report for the first quarter. (Lhist variable corts betore fund costa) \{al Prepare a manufixturing overhead flexible budget report for the first nuarter. (tist viribble conts before fived costu) SHEFFIELD INC. Manufacturing Overhead Responsibility Report Difference Favorable Unfavorabie Controllable Costs Budget Actual Neither Favorable nor Unfavorable 3 3 5 3 eTextbook and Meclia