Myers Company uses a flexibla budnat for manufacturin overhead based onciract labochours. Variable manufacturing ovarhead costs per dinatt labor hour ars as follows. IndirectlaborIndiractmatarialsUtiliss$1.000.700.40 Fuad overhaad costs par month are Suparvision \$4,000, Dapraciation \$1,200, and Proparty Taves $900. The company balieves it will normally operate in a range of 7,00010,000 diract labor hours per manth. Assume that in July 2020 , Myars Company incurs tha followina manufacturing ovarhead costs. \begin{tabular}{lcllr} \multicolumn{2}{c}{ Variable Costs } & & \multicolumn{2}{c}{ Foxed Costs } \\ \cline { 1 - 1 } \cline { 4 - 5 } Indiractlabor & 58,900 & & Suparvision & $4,000 \\ Indiract materials & 5,900 & & Capraciation & 1,200 \\ Utilitias & 3,200 & & Propartytaxes & 900 \end{tabular} (a) Prepare a flecoble budget pstormance report, assuming that the company woriod 9,000 diract labor hours during the month. (List vuriable costs before fixed costs.) (b) Prapare a fivitela budget parfarmance report, assuming that the comany workad 8,500 diract labor hours during the manth. (List viriable costs before fived costs.)