Ayayai Company uses a flexible budget for manufacturing overhead based on direct labor hours. Variable manufacturing overhead costs per direct labor hour are as follows. Indirect labor $1.00 Indirect materials Utilities 0.70 0.40 Fixed overhead costs per month are Supervision $3,200, Depreciation $960, and property Taxes $640. The company believes it will normally operate in a range of 5,600-8,000 direct labor hours per month. Assume that in July 2025, Ayayai Company incurs the following manufacturing overhead costs. Variable Costs Fixed Costs Indirect labor $7,216 Supervision $3,200 Indirect materials 4,756 Depreciation 960 Utilities 2,624 Property taxes 640 (a) Prepare a flexible budget performance report, assuming that the company worked 7,200 direct labor hours during the month variable costs before fixed costs.) AYAYAI COMPANY Manufacturing Overhead Flexible Budget Report L Neit Budget Actual Costs > > > > > > > > 69 -69 $ $ AYAYAI COMPANY Manufacturing Overhead Flexible Budget Report (b) Prepare a flexible budget performance report, assuming that the company worked 6,970 direct labor hours during the month. variable costs before fixed costs.) F U Neith Budget Actual Costs nor to 10 -69- $ $ $