Use the following information to prepare a: responsibility report, manufacturing overhead budget report, & a manufacturing overhead flexible budget.

Waterways Continuing Problem 24 Waterways Corporation is continuing its budget preparations. W had the following static budget and overhead costs for March 2017 WATERWAYS CORPORATION Manufacturing Overhead Budget (Static) For the Month of March 2017 117,500 Budgeted production in units Budgeted costs $5,875 Indirect materials Indirect labor 14,100 Utilities 11,750 Maintenance 8,225 Salaries 42,000 Depreciation 16,800 3,000 Property taxes Insurance 1,200 1,500 Janitorial $104,450 Total budgeted costs WATERWAYS CORPORATION Manufacturing Overhead Costs (Actual) For the Month of March 2017 Production in units 118,500 Costs $5,910 Indirect materials Indirect labor 14,195 11,880 Utilities Maintenance 8,275 42,000 Salaries 16,800 Depreciation 3,000 Property taxes Insurance 1,200 1,500 Janitorial $104,760 Total costs Waterways produced 118,500 units in March rather than the budgeted number of units