Zelmer Company manufactures tablecloths, Sales have grown rapidly over the past 2 years, As a result, the president has installed a budgetary control system for 2022. The following data were used in developing the master manufacturing overhead budget for the Ironing Department, which is based on an activity index of direct labor hours. The master overhead budget was prepared in the expectation that 480,000 direct labor hours will be worked during the year. In June, 41,000 direct labor hours were worked. At that level of activity, actual costs were as shown below. Variable-per direct labor hour: indirect labor $0.44, indirect materials $0.48, factory utilities $0.32, and factory repairs $0.25. (a) Prepare a monthly manufacturing overhead flexible budget for the vear ending December 31 2022, assuming production Ievels range from 35,000 to 50,000 direct lboor hours. Use increments of 5,000 direct labor hours, flist warlable costs before fived matel (b) Prepare a budget report for lune comparing actual results with budget data based on the flexible budget. (List varlable conts before fixid costs) ZELMER COMPAYY Ironing Department Manufacturing Overhead Flexible Budget Report D. F. Un Neith Budget Actual Costs nor I 5 5 5 State the equation for computing the total budgeted costs for the ironing Department. (Round variable cost per unit to 2 decimol places, es. 1.55. The equation is total foxed costs - total variable costs of $ per direct labor hour