The manufacturing overhead budget for Reebles has the following items: Variable costs Indirect materials $25,000 Indirect labour $12,000 Maintenance $10,000 Manufacturing supplies $6,000 Total variable costs $53,000 Fixed costs Supervision $17,000 Inspections $1,000 Insurance $2,000 Amortization $15,000 Total fixed costs $35,000 The budget was based on an estimated production of 2,000 units. During November, 1,500 units were produced, and the following costs were incurred: Variable costs Indirect materials $25,200 Indirect labour $13,500 Maintenance $8,200 Manufacturing supplies $5,100 Total variable costs $52,000 Fixed costs Supervision $19,300 Inspections $1,200 Insurance $2,200 Amortization $14,700 Required: a) Prepare a flexible manufacturing overhead budget and the actual manufacturing overhead report for month ended November b) Determine the difference in total variable costs, total fixed costs and total costs c) Determine the differences between budgeted and actual costs. (Budget Variances) d) Identify the variances as favourable or unfavourable