CALCULATOR # BACK REET Exercise 23-03 Myers Company uses a flexible budget for manufacturing overhead based on direct labor hours. Variable manufacturing overed costs per direct labor hour are as follows Indirect labor $1.00 Indirect materials 0.80 0.20 dy Phed overhead costs per month are Supervision $4,500, Depreciation 51,400, and Property Taxes $700. The company believes wil normally operate in a range of 7.100-12.900 director hours per month Prepare a monthly manufacturing overhead exit budget for 2020 for the expected range of activity, using increments of 1,700 direct sbor hours. (List variables were costs