The mixing department manager of Crede Company is able to control all overhead costs except rent, property taxes, and salaries. Budgeted monthly overhead costs fe the mixing department, in alphabetical order, are as follows: 9 12 Indirect materials 7,700 Lubricants 1,675 Maintenance 3,500 Property taxes 1,000 Rent 1,800 Salaries 10.000 Utilities 5,000 Actual costs incurred for January 2020 are indirect labour $12,250; indirect mat $10,200: lubricants $1,650: maintenance $3.500: property taxes $1.100; rent $1,800; salaries $10,000; and utilities $6400. 15 18 Instructions Prepare a responsibility report for January 2020. Actual Standard Project Costs Costs Ames Korman Quantity 500 kg 400 $ 1,400 1,160 Quantity 460 kg 410 $ 1,380 1.230 1,200 Total Variance $ 20 U 70 F 415 1,328 400 1280 Stilles Total variance $ 78 U Instructions Prepare a variance report for the purchasing department with the following column headings: 1. Project, 2. actual kilograms purchased, 3. Actual price, 4. Standard price, 5. Price variance, 6. Explanation