Exercise 22-4 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 $1.00 Indirect materials 0.70 Utilities 0.30 Fixed overhead costs per month are supervision $3,600, Depreciation $1,700, and Property Taxes $600. The company believes it will normally operate in a range of 5,600-11,000 direct labor hours per month Assume that in July 2017, Myers Company incurs the following manufacturing overhead costs. ariable costs Fixed Costs $3,600 Indirect labor $8,970 Supervision 6,240 Depreciation Indirect materials 1,700 600 Utilities 2,320 Property taxes