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Bridgeport Company uses a flexible budget for manufacturing overhead based on direct labor hours. Budgeted variable manufacturing overhead costs per direct labor hour are as

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Bridgeport 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. Budgeted foed overhead costs per month are Supervision $3,440, Depreciation $1.032, and property Taxes $688. The company believes it will normally operate in a range of 6,0208,600 direct labor hours per month. Assume that in July 2022, Bridgeport Company incurs the following manufacturing overhead costs. (a) Prepare a flexible budget performance report, assuming that the company worked 7.740 direct labor hours during the month. (List (a) Prepare a fexible budget performance report, astuming that the company worked 7,740 direct tabor hours during the month. (tht. (b) Prepare a fieuble budget performance repert, assuming that the company worked 7,310 direct labor hours during the montin . West vorithle costs before fued costs

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