what is the machine-hours?

You hove just been hired by FAB Corporation, the manufacturer of a revolutionary new garage door opening device. The gresident has atked that you review the company's costing system and "do what you can to help us get better control of our manufacturing overhead costs " You find that the company has never used a fexible budget, and you suggest that preparing such a budget would be an exceflent first step in oveihead planning and control. After much effort and analyis. you determined the following cost formulas and gathered the following actual cost data for March: During March, the company worked 19,000 machine-hours and produced 13.000 units. The company had originally planned to wark 21,000 machine-hours during March. Required 1. Prepare a flenible budget for March. 2. Prepare a report showing the spending variances for March Answer is not complete. Complete this question by entering your answers in the tabs below. Pregare a flewible budget for March. (Ingut ail amounte as positive valuene)