Marigold 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 0.70 Utilities 0.40 Budgeted fixed overhead costs per month are Supervision $3,760, Depreciation $1,128, and property Taxes $752. The company believes it will normally operate in a range of 6,580-9,400 direct labor hours per month. Assume that in July 2022, Marigold Company incurs the following manufacturing overhead costs. Variable Costs Fixed Costs Indirect labor $8,272 Supervision $3,760 Indirect materials 5,452 Depreciation 1,128 Utilities 3,008 Property taxes 752 (a) Prepare a flexible budget performance report, assuming that the company worked 8,460 direct labor hours during the month. (List variable costs before fixed costs.) MARIGOLD COMPANY Manufacturing Overhead Flexible Budget Report Diffe Fave Unfall Neither nor Unt Budget Actual Costs $ VE Property Taxes Total Variable Costs Depreciation Indirect Materials Total Fixed Costs Direct Labor Hours Indirect Labor Variable Costs Supervision Fixed Costs Total Costs Utilities > $ $ $ MARIGOLD COMPANY Manufacturing Overhead Flexible Budget Report Difference Favorable Unfavorable Neither Favorable nor Unfavorable Budget Actual Costs $ > > (b) Prepare a flexible budget performance report, assuming that the company worked 7,990 direct labor hours during the month. (List variable costs before fixed costs.) MARIGOLD COMPANY Manufacturing Overhead Flexible Budget Report Diffe Favo Unfai Neither nor Unt Budget Actual Costs > $ $ (b) Prepare a flexible budget performance report, assuming that the company worked 7,990 direct labor hours during the month. (List variable costs before fixed costs.) MARIGOLD COMPANY Manufacturing Overhead Flexible Budget Report Difference Favorable Unfavorable Neither Favorable nor Unfavorable Budget Actual Costs $ Neither Favorable nor Unfavorable Favorable Unfavorable $ $ >