Bridgeport Company uses a flexible budget for manufacturing overhead based on direct labor hours. Budgeted variable manufacturing overhead costs per direct labot hour are as follows $ 1.00 Indirect labor Indirect materials 0.70 Utilities 0.40 Budgeted fixed overhead costs per month are Supervision $3,440, Depreciation $ 1.032 and property Taxes $686. The company believes it will normally operate in a range of 6,020-8,600 direct labor hours per month Assume that in July 2022. Bridgeport Company incurs the following manufacturing overhead costs. Variable Costs Fixed Costs Indirect labor $7568 $3.440 Supervision Depreciation Indirect materials 4.988 1032 Utilities 2.752 688 Property taxes (a) Prepare a flexible budget performance report, assuming that the company worked 7,740 direct labor hours during the month (List variable costs before foxed costs) BRIDGEPORT COMPANY Manufacturing Overhead Flexible Budget Report BRIDGEPORT COMPANY Manufacturing Overhead Flexible Budget Report Difference Favorable Unfavorab! Neither Favor nor Unfavora Budget Actual Costs BRIDGEPORT COMPANY Manufacturing Overhead Flexible Budget Report Difference Favorable Unfavorable Neither Favorable nor Unfavorable Budget Actual Costs $ $ + $ (b) Prepare a flexible budget performance report assuming that the company worked 7,310 direct labor hours during the month. (List variable costs before fixed costs.) BRIDGEPORT COMPANY when Pudet Report 1 $ $ e budget performance report, assuming that the company worked 7,310 direct labor hours during the month. (List ore fixed costs.) BRIDGEPORT COMPANY Manufacturing Overhead Flexible Budget Report Differenci Favorable Unfavorab Neither Favor nor Unfavor Budget Actual Costs . $ BRIDGEPORT COMPANY Manufacturing Overhead Flexible Budget Report Difference Favorable Unfavorable Neither Favorable nor Unfavorable Budget Actual Costs $ 2 $ e Textbook and Media Attempts:0 of 3 used Submit