Current Attempt in Progress Pronghorn 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. Indirect labor $1.00 Indirect materials Utilities 0.70 0.40 Budgeted fixed overhead costs per month are Supervision $4,160, Depreciation $1,248, and property Taxes $832. The company believes it will normally operate in a range of 7,280-10,400 direct labor hours per month. Assume that in July 2022, Pronghorn Company incurs the following manufacturing overhead costs. Variable Costs Fixed Costs Indirect labor $9,152 Supervision $4,160 Indirect materials 6,032 Depreciation 1,248 Utilities 3,328 Property taxes 832 (a) Prepare a flexible budget performance report, assuming that the company worked 9,360 direct labor hours during the month. (List variable costs before fixed costs.) $ PRONGHORN COMPANY Manufacturing Overhead Flexible Budget Report Budget Actual Costs $ $ $ $ Difference Favorable Unfavorable Neither Favorable nor Unfavorable (b) Prepare a flexible budget performance report, assuming that the company worked 8,840 direct labor hours during the month. (List variable costs before fixed costs.) PRONGHORN COMPANY Manufacturing Overhead Flexible Budget Report Budget Actual Costs 64 $ $ $ $ $ $ eTextbook and Media Save for Later Difference Favorable Unfavorable Neither Favorable nor Unfavorable Attempts: unlimited Submit