Could you do it step by step and explaining where you got the numbers please.

Waterways (This is a continuation of the Waterways case from Chapters 1 -9.) WP10 Waterways Corporation is continuing its budget preparations. Waterways had the following static budget and actual overhead costs for March. WATERWAYS CORPORATION Manufacturing Overhead Costs (Actual) For the Month of March WATERWAYS CORPORATION Manufacturing Overhead Budget (Static) For the Month of March Budgeted production in units 117500 Production in units Budgeted costs 118,500 Costs Indirect materials Indirect labor Utilities Maintenance Salaries Depreciation Property taxes Insurance Janitorial 5,875 14,100 11,750 8,225 42,000 16,800 3,000 1,200 1,500 Indirect materials Indirect labor Utilities Maintenance Salaries Depreciation Property taxes Insurance Janitorial 5,910 14,195 11,880 8,275 42,000 16,800 3,000 1,200 1,500 $104.760 104,450Total costs Total budgeted costs Waterways produced 118,500 units in March rather than the budgeted number of units. Instructions (a) 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.) 5,500 units (2) 116,500 units (3) 117,500 units (4) 118,500 units (5) 119,500 units (b) Prepare a flexible budget report showing the differences (favorable and unfavorable) in manufacturing overhead costs for the month of March (c) Prepare a responsibility report for the manufacturing overhead for March, assuming only variable costs are controllable