View Policies Current Attempt in Progress Novak Company estimates that 300.000 direct labor hours will be worked during the coming year 2022, in the Packaging Department on this basis, the following budgeted manufacturing overhead cost data are computed for the year Fixed Overhead Costs Supervision $96.000 Depreciation 72,000 Insurance 30,000 Rent 24.000 Variable Overhead Costs Indirect labor $126.000 Indirect materials 90.000 Repairs 69.000 Utilities 72.000 Lubricants 18,000 Property taxes 18.000 $ 240,000 $375,000 It is estimated that direct labor hours worked each month will range from 26.600 to 36,800 hours During October, 26,600 direct labor hours were worked, and the following overhead costs were incurred Fixed overhead costs: supervision $ 8.000 depreciation $6,000, insurance 5 2.458, rent $ 2.000, and property taxes $ 1.500 Variable overhead costs: indirect labor $12.425, Indirect materials 57.684 repairs $ 6,022 utilities 56,832 and lubricants $ 1,916 (a) Prepare a monthly manufacturing overhead flexible budget for each increment of 3.400 direct labor hours over the relevant range (a) Prepare a monthly manufacturing overhead flexible budget for each increment of 3400 direct labor hours over the relevante for the year endin December 31, 2022. (ht variable costs before fixed costs NOVAK COMPANY Packaging Department Monthly Manufacturing Overhead Flexible Budget For the Year 2022 (b) Prepare a flexible budget report for October (List variable costs before fred costs] NOVAK COMPANY [b] Prepare a flexible budget report for October (List variable costs before fined costs.) NOVAK COMPANY Packaging Department Manufacturing Overhead Flexible Budget Report Difference Favorable Unfavorabl Neither Favor nor Unfavora Budget Actual Costs $