Current Attempt in Progress Cullumber, Inc. uses a flexible budget for manufacturing overhead based on machine hours. Variable manufacturing overhead costs per machine hour are as follows: Indirect labor Indirect materials Maintenance) Utilities $5.00 2.50 0.50 0.30 Fixed overhead costs per month are: Supervision Insurance Property taxes Depreciation $1,450 650 850 2,250 The company believes it will normally operate in a range of 6.500 to 10,500 machine hours per month. During the month of August, 2022, the company incurs the following manufacturing overhead costs: The company believes it will normally operate in a range of 6.500 to 10,500 machine hours per month. During the month of August. 2022, the company incurs the following manufacturing overhead costs; Indirect labor $39,950 Indirect materials 22.950 Maintenance 3,970 Utilities 2,690 Supervision 1,760 Insurance 650 Property taxes 850 Depreciation 2,360 Prepare a flexible budget report, assuming that the company used 8.500 machine hours during August. (List variable costs before fixed costs) $ CULLUMBER, INC. Manufacturing Overhead Budget Report (Flexible) For the Month Ended August 31, 2022 Budget at 8,500hrs. Actual at 8,500hrs. $ Difference Favorable (F) Unfavorable (U) Not Applicable (NA) P SUP Question 26 of 30 Insurance Total Costs Indirect Labor Property Taxes Variable Costs Fixed Costs Total Fixed Costs Supervision Utilities Maintenance Indirect Materials Total Variable Costs Depreciation $ < > $ $ $ $ -/10