Waterways Corporation is continuing its budget preparations. Waterways had the following static budget and actual overhead costs for March.

WATERWAYS CORPORATION Manufacturing Overhead Budget (Static) For the Month of March
Budgeted production in units		114,000
Budgeted costs
Indirect materials		$5,700
Indirect labor		13,680
Utilities		11,400
Maintenance		6,840
Salaries		45,500
Depreciation		15,900
Property taxes		3,000
Insurance		1,100
Janitorial		1,700
Total budgeted costs		$104,820

WATERWAYS CORPORATION Manufacturing Overhead Costs (Actual) For the Month of March
Production in units		115,000
Costs
Indirect materials		$5,735
Indirect labor		13,773
Utilities		11,530
Maintenance		6,878
Salaries		45,500
Depreciation		15,900
Property taxes		3,000
Insurance		1,100
Janitorial		1,700
Total costs		$105,116

Waterways produced 115,000 units in March rather than the budgeted number of units.

(a)

Prepare a flexible overhead budget based on the following amounts produced. (Hint: Indirect materials, indirect labor, utilities, and maintenance are variable costs. The other budgeted costs are fixed costs.) (Round unit costs to 2 decimal places, e.g. 2.25. List variable costs before fixed costs.)

(1)		112,000 units
(2)		113,000 units
(3)		114,000 units
(4)		115,000 units
(5)		116,000 units