Sunland Company manufactures tablecloths. Sales have grown rapidly over the past 2 years. As a result, the president has installed a budgetary control system for 2022. The following data were used in developing the master manufacturing overhead budget for the Ironing Department, which is based on an activity index of direct labor hours. The master overhead budget was prepared on the expectation that 483,600 direct labor hours will be worked during the year. In June, 47,000 direct labor hours were worked. At that level of activity, actual costs were as shown below. Variable-per direct labor hour: indirect labor $0.47, indirect materials $0.50, factory utilities $0.34, and factory repairs $0.27. Fixed: same as budgeted. (a) Prepare a monthly manufacturing overhead flexible budget for the year ending December 31,2022 , assuming production levels range from 43,300 to 57,400 direct labor hours. Use increments of 4,700 direct labor hours. (List variable costs before fixed costs.) Fixed Costs 47040 47040 Depreciation 20400 20400 20400 Insurance 13560 13560 13560 SUNLAND COMPANY Ironing Department Manufacturing Overhead Flexible Budget Report For the Month Ended June 30, 2022 Direct Labor Hours ^ Budget Actual Costs Directhathours Indirect Labor $ $ $ Indirect Materials Factory Utilities Factory Repairs Total Variable Costs Fixed Costs 47040 Depreciation 20400 20400 Insurance 13560 13560 Rent Total Fixed Costs Total Costs $