WATERWAYS CORPORATION Manufacturing Overhead Budget (Static) For the Month of March \begin{tabular}{lr} Budgeted production in units & 124,000 \\ \cline { 2 - 2 } Budgeted costs & \\ Indirect materials & $6,200 \\ Indirect labor & 13,640 \\ Utilities & 12,400 \\ Maintenance & 8,680 \\ Salaries & 44,700 \\ Depreciation & 17,100 \\ Property taxes & 3,300 \\ Insurance & 1,300 \\ Janitorial & 1,400 \\ \cline { 2 - 2 } Total budgeted costs & $108,720 \end{tabular} WATERWAYS CORPORATION Manufacturing Overhead Costs (Actual) For the Month of March Production in units 125,000 Costs \begin{tabular}{lr} Indirect materials & $6,234 \\ Indirect labor & 13,723 \\ Utilities & 12,530 \\ Maintenance & 8,730 \\ Salaries & 44,700 \\ Depreciation & 17,100 \\ Property taxes & 3,300 \\ Insurance & 1,300 \\ Janitorial & 1,400 \\ Total costs & $109,017 \\ \hline \hline \end{tabular} Waterways produced 125,000 units in March rather than the budgeted number of units. 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) 122,000 units (2) 123,000 units (3) 124,000 units (4) 125,000 units (5) 126,000 units WATERWAYS CORPORATION Manufacturing Overhead Flexible Budget For the Month of March $ $ $