Exercise 22-3 Myers 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 $1.40 Indirect materials 0.70 Utilities 0.20 Fixed overhead costs per month are Supervision $3,700, Depreciation $1,100, and Property Taxes $600. The company believes it will normally operate in a range of 7,400-10,400 direct labor hours per month. Prepare a monthly manufacturing overhead flexible budget for 2017 for the expected range of activity, using increments of 1,000 direct labor hours. (List variable costs before fixed costs.)