the mata mandating overhead budget the ironing Department, which is based on an activity dex of direct labor hours. 0.40 47 440 0.54 Indirect material Factory utilities Factory repairs 0.20 Rent 7,320 Flxed: same as budgeted overhead Bexible budget for the year ending December 31, 2037, assuning production levels range from 42,700 to 60,100 direct labor hours Use labor hours (ist variable costs before fixed costs) Hontly of 5,800 direct (a) Prepare a abor hours (List variable costs before fixed costs.) manufacturing overhead flexible budget for the year ending December 31, 2017, assuming production levels range from 42,700 to 60,100 direct labor hours Use Ironing Department For the Year 2017 Depreciation Direct Labor Direct Labor Hours Factory Repairs Fixed Costs Indirect Labor Indirect Materials Insurance Rent Supervision Total Costs Direct Materials Factory Repairs Fixed Costs Indirect Labor Total Costs Total Fixed Costs Total Variable Costs Variable Costs t for June comparing actual results with budget data based on the flexible budget. (List variable costs Ironing PRINCIPLES t, Financial & Managerial Accounting, 2e Neither F Favorable Unfavorable Neither Favorable nor Unfavorable Activity Level Depreciation Direct Labor Direct Labor Hours Direct Materials Factory Repairs Factory Utilities Fixed Costs Indirect Labor Indirect Materials Insurance Supervision Total Costs Total Fixed Costs Direct Labor Direct Labor Hours Direct Materials Factory Repairs Factory Utilities Fixed Costs Indirect Labor Indirect Materials Insurance Supervision Total Costs Total Fixed Costs Total Variable Costs Variable Costs cost per unit to 2 decimal places, e.g. 1 per direct labor hour