Complete the flexible budget performance report, assuming that the company worked 8,500 direct labor hours during the month. Raney Company uses a flexible budget for manufacturing overhead based on direct labor hours. Variable manufacturing overhead costs per direct labor hour are as follows. Fixed overhead costs per month are: Supervision $4,000, Depreciation $1,500, and Property Taxes $800. The company believes it will normally operate in a range of 7,000-10,000 direct labor hours per month. Use increments of 1,000 direct labor hours. Assume that in July 2010, Raney Company incurs the following manufacturing overhead costs. Complete the flexible budget performance report, assuming that the company worked 8,500 direct labor hours during the month. Raney Company uses a flexible budget for manufacturing overhead based on direct labor hours. Variable manufacturing overhead costs per direct labor hour are as follows. Fixed overhead costs per month are: Supervision $4,000, Depreciation $1,500, and Property Taxes $800. The company believes it will normally operate in a range of 7,000-10,000 direct labor hours per month. Use increments of 1,000 direct labor hours. Assume that in July 2010, Raney Company incurs the following manufacturing overhead costs