The controller of Dieppe Corporation has decided to prepare a flexible manufacturing overhead budget ranging from 70% to 100% of capacity for the next year, with 50,000 direct labor hours as the 100% level. For costs that are sem!variable in behavior, the fixed amount and the variable rate are determined by the high-low method. The direct labor rate is $9.00 per hour. Additional data for manufacturing overhead is attached. The company also had the semivariable costs from the previous five years, which are also attached. REQUIRED: Prepare a flexible manufacturing overhead budget ranging from 80% ofcapacity to 100% ofcapacity, in 10% intervals. Round all variable manufacturing overhead rates to two decimal places and all dollar amounts to the nearest whole dollar