Crane Company uses a flexible budget for manufacturing overhead based on direct labor hours. Variable manufacturing overhead costs per direct labor hour are as follows. Indirect labor Indirect materials Utilities $1.30 0.90 0.40 Fixed overhead costs per month are Supervision $4,300, Depreciation $1,900, and Property Taxes $500. The company believes it will normally operate in a range of 6,400-9,400 direct labor hours per month. Assume that in July 2020, Crane Company incurs the following manufacturing overhead costs. Variable Costs Fixed Costs Indirect labor $10,670 Supervision $4,300 Indirect materials 7,450 Depreciation 1,900 Utilities 2,950 Property taxes 500 (a) Prepare a flexible budget performance report, assuming that the company worked 8,400 direct labor hours during the month. (List variable costs before fixed costs.) CRANE COMPANY Manufacturing Overhead Flexible Budget Report For the Month Ended July 31, 2020 Direct Labor Hours Variable Costs Indirect Labor Indirect Materials Utilities Total Variable Costs Fixed Costs Supervision Depreciation Property Taxes Favorable Unfavorable Neither Favorable Budget Actual Costs nor Unfavorable Difference Unfavorable Unfavorable Favorable Unfavorable Neither Favorable nor Unfavorable Neither Favorable nor Unfavorable Neither Favorable nor Unfavorable Total Fixed Costs Neither Favorable nor Unfavorable Total Costs Unfavorable