view REQUIRED Question 1 of 2 - 12.5 = View Policies Current Attempt in Progress Chubbs Inc's manufacturing overhead budget for the first quarter of 2020 contained the following data Variable Costs Indirect materials $11,600 Indirect labor 10.000 Fixed Costs Supervisory salaries Depreciation $35.200 7.000 Utilities 7,800 Property taxes and insurance 7,200 Maintenance 5,600 Maintenance 5.200 Actual variable costs were indirect materials 515,500 indirect labor $9,600, utilities 59.300, and maintenance $5.300. Actual foxed costs equaled budgeted costs except for property taxes and insurance, which were $8,500. 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 Question 1 of 2 > / 2.5 HII Budget Ne Actual $ 125 | LE - > 85Polymya D4 o E Question 1 of 2 > -125 E Favorable Unfavorable Neither Favorable nor Unfavorable Budget Actual 85F Partly sunny ~ 6.D IN A a uestion 1 of 2