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		126,000
Budgeted costs
Indirect materials		$6,300
Indirect labor		16,380
Utilities		12,600
Maintenance		8,820
Salaries		44,800
Depreciation		17,100
Property taxes		3,100
Insurance		1,100
Janitorial		1,400
Total budgeted costs		$111,600

WATERWAYS CORPORATION Manufacturing Overhead Costs (Actual) For the Month of March
Production in units		127,000
Costs
Indirect materials		$6,336
Indirect labor		16,484
Utilities		12,730
Maintenance		8,872
Salaries		44,800
Depreciation		17,100
Property taxes		3,100
Insurance		1,100
Janitorial		1,400
Total costs		$111,922

Waterways produced 127,000 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, utilitites, 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)		124,000 units
(2)		125,000 units
(3)		126,000 units
(4)		127,000 units
(5)		128,000 units

b)Prepare a flexible budget report showing the differences (favorable and unfavorable) in manufacturing overhead costs for the month of March

c)Prepare a responsibility report for the manufacturing overhead for March, assuming only variable costs are controllable.

Prepare a flexcible overhead budget based on the following amounts produced. (Hint: Indirect materials, indirect labor, utilitites, and maintenance are variablee 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) 124,000 units (2) 125,000 units (3) 126,000 units (4) 127,000 units (5) 128,000 units WATERWAYS CORPORATION Manufacturing Overhead Flexible Budget For the Month of March $ Prepare a flexible budget report showing the differences (favorable and unfavorable) in manufacturing overhead costs for the month of March. (List vairble costs before fixed costs, WATERWAYS CORPORATION Manufacturing Overhead Flexible Budget Report For the Month of March Favorable Unfavorable Neither Favorable nor Unfavorable Actual Budget $ Prepare a responsibility report for the manufacturing overhead for March, assuming only variable costs are controllable. WATERWAYS CORPORATION Responsibility Report Manufacturing Overhead For the Month of March Favorable Unfavorable Neither Favorable Actual Budget nor Unfavorable Controllable Cost $