Wildhorse, Inc. uses a flexible budget for manufacturing overhead based on machine hours. Variable manufacturing overhead costs WILDHORSE, INC.

Manufacturing Overhead Budget Report $($Flexible$)$

For the Month Ended August $31,2022$

Difference

Favorable $($F$)$

Budget at

$8,200$ hrs$.$

Actual at

$8,200$hrs$.$

Unfavorable $($U$)$

Not Applicable $($NA$)$

Variable Costs

Indirect Labor

$

$

$

Indirect Materials

$1$

$1$

$]$

per machine hour are as follows:

Fixed overhead costs per month are:

The company believes it will normally operate in a range of $6,200$ to $10,200$ machine hours per month. During the month of August,

$2022,$ the company incurs the following manufacturing overhead costs:

Prepare a flexible budget report, assuming that the company used $8,200$ machine hours during August. $($List variable costs before fixe.

costs.$)$