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Chubbs Inc's manufacturing overhead budget for the first quarter of 2017 contained the following data....

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Accounting

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Chubbs Inc's manufacturing overhead budget for the first quarter of 2017 contained the following data. Fixed Costs Variable Costs Indirect materials Indirect labor Utilities Maintenance $12,000 Supervisory salaries 35,500 7,300 7,400 4,400 10,300 Depreclation 7.200 6,000 Maintenance Property taxes and insurance Actual variable costs were indirect materials $14,600, indirect labor $9,200, utilities $9,300, and maintenance $5,200. Actual fixed costs equaled budgeted costs except for property taxes and insurance, which were $9,100, The actual activit All costs are consldered controllable by the production department manager except for depreclation, and property taxes and Insurance. (a) Prepare a manufacturing overhead flexlble budget report for the first quarter. (LIst varlable costs before fixed costs.) CHUBBS INC. Manufacturing Overhead Flexible Budget Report For the Quarter Ended March 31, 2017 Difference Favorable Unfavorable Neither Favorable nor Unfavorable Actual Budget (b) Prepare a responsibility report for the first quarter. CHUBBS INC. Manufacturing Overhead Responsibility Report For the Quarter Ended March 31, 2017 Difference Favorable Neither Favorable nor Unfavorable Controllable Costs Budget Actual

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