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Indigo Company uses a flexible budget for manufacturing overhead based on direct labor hours. Budgeted variable manufacturing overhead costs per direct labor hour are as

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed Indigo 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. Budgeted fixed overhead costs per month are Supervision $4,800, Depreciation $1,440, and property Taxes $960. The company believes it will normally operate in a range of 8,40012,000 direct labor hours per month. Assume that in July 2022, Indigo Company incurs the following manufacturing overhead costs. (a) Prepare a flexible budget performance report, assuming that the company worked 10,800 direct labor hours during the month. (List variable costs before fixed costs.) (a) Prepare a flexible budget performance report, assuming that the company worked 10,800 direct labor hours during the month. (List (b) Prepare a flexible budget performance report, assuming that the company worked 10,200 direct labor hours during the month. (List variable costs before fixed costs.) INDIGO COMPANY Manufacturing Overhead Flexible Budget Report ActualCostsFavor;UnfavoNeitherFcnorUnfarDifferi $ $ $

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