Blue Spruce Company uses a flexible budget for manufacturing overhead based on direct labor hours. Budgeted variable manufacturing overhead costs per direct labor hour are as follows. Indirect labor $1.00 Indirect materials 0.70 Utilities 0.40 Budgeted fixed overhead costs per month are Supervision $3,280, Depreciation $984, and property Taxes $656. The company believes it will normally operate in a range of 5,740-8,200 direct labor hours per month. Assume that in July 2022, Blue Spruce Company incurs the following manufacturing overhead costs. Variable Costs Fixed Costs Indirect labor $7,216 Supervision $3,280 Indirect materials 4,756 Depreciation 984 Utilities 2,624 Property taxes 656 (a) Prepare a flexible budget performance report, assuming that the company worked 7,380 direct labor hours during the month. (List variable costs before fixed costs.) Manufacturing Overhead Flexible Budget Report For the Month Ended July 31, 2022 Budget Actual Costs +A Difference Favorable Unfavorable Neither Favorable nor Unfavorable +A $ +A $ - (b) Prepare a flexible budget performance report, assuming that the company worked 6,970 direct labor hours during the month. (List variable costs before fixed costs.) BLUE SPRUCE COMPANY Manufacturing Overhead Flexible Budget Report Budget Actual Costs +A A Differ Favor Unfavc Neither F nor Unfa