Exercise 23-04a-b (Video) Concord Company is a lixib budget for manufacturing overhead based on direct labor hours. Variable manufacturing C had costs per direct labor hour are as follow Indirect labore Indirect materials wil normally operate in a range of 6.500-11.300 direct labor hours per month Find verhead costs per month and Supervision 54,400 Depreciation 51.600, and Property Taxes 5000. The company believe Assume that in July 2020, Concord Company incurs the following manufacturing t he cost Variable costs Pixud Costs India 10,430 $4,400 5,680 Depreciation 1,500 Utili t y 900 (a) Prepare a flexible budget performance report, assuming that the company worked 9.700 direct labor hours during the month (List variable costs before fixed costs. CONCORD COMPANY Manufacturing Overhead Hexible Budpol Recort for the Month Ended July 31, 2020 Budget Actual Costs (b) Prepare a lexible budget performance report, assuming that the company worked 0.100 direct labor hours during the month List variable costs before fixe CONCORD COMPANY Manufacturing Overhead Hexible Budget Report For the Month Ended July 31, 2020 Difference Neither Favorable Budget Actual Costs