Variable Costs Fixed Costs Indirect materials Supervisory $11,600 salaries $35,700 Indirect 10,400 Depreciation 7,100 labor Property 7,500 taxes and insurance Utilities 7,300 Maintenance 5,600 Maintenance 5,700 Actual variable costs were indirect materials $14,900, indirect labor $9,500, utilities $9,000, and maintenance $5,200. Actual fixed costs equaled budgeted costs except for property taxes and insurance, which were $8,300. The actual activity level equaled the budgeted level. All costs are considered controllable by the production department manager except for depreciation, and property taxes and insurance. (a) Prepare a manufacturing overhead flexible budget report for the first quarter. (List variable costs before fixed costs.) CHUBBS INC. Manufacturing Overhead Flexible Budget Report For the Quarter Ended March 31, 2020 Difference Favorable Unfavorable Neither Favorable nor Unfavorable Actual Budget (b) Prepare a responsibility report for the first quarter. CHUBBS INC. Manufacturing Overhead Responsibility Report For the Quarter Ended March 31, 2020 Difference Favorable Unfavorable Neither Favorable nor Unfavorable Controllable Costs Budget Actual Total Costs Total Fixed Costs Fixed Costs Maintenance Property Taxes and Insurance Supervisory Salaries Total Variable Costs Indirect Labor Depreciation Utilities Variable Costs Indirect Materials Unfavorable Favorable Neither Favorable nor Unfavorable