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. $1.00 Indirect labor Indirect materials Utilities 0.70 0.40 Budgeted fixed 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 6,020-8,600 direct labor hours per month Assume that in July 2022, Bridgeport Company incurs the following manufacturing overhead costs. Fixed Costs Supervision $3,440 Variable Costs Indirect labor $7,568 Indirect materials 4.988 Utilities 2,752 1,032 Depreciation Property taxes 688 (a) Prepare a flexible budget performance report, assuming that the company worked 7,740 direct labor hours during the month (list variable costs before fixed costs.) BRIDGEPORT COMPANY Manufacturing Overhead Flexible Budget Report Difference Favorable Unfavorable Neither Favor nor Unfavora Budget Actual Costs | Depreciation Total Costs Utilities Supervision Fixed Costs Direct Labor Hours Total Variable Costs Indirect Materials Total Fixed Costs Indirect Labor Variable Costs Property Taxes (6) 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 Manufacturing Overhead Flexible Budget Report Differenc Favorable Unfavorab Neither Favor nor Unfavor Budget Actual Costs Indirect Materials Direct Labor Hours Total Fixed Costs Total Costs Depreciation Indirect Labor Utilities Variable Costs Total Variable Costs Fixed Costs Supervision Property Taxes