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 $1.30 Indirect materials 0.60 Utilities 0.30 Fixed overhead costs per month are Supervision $4,500, Depreciation $1,500, and Property Taxes $700. The company believes it will normally operate in a range of 6,100-10,600 direct labor hours per month Assume that in July 2020, Myers Company incurs the following manufacturing overhead costs. Variable Costs Fixed Costs $11.560 Supervision $4,500 Indirect materials 5,290 Depreciation 1,500 Utilities 2.280 Property taxes Indirect labor 700 (a) Prepare a flexible budget performance report, assuming that the company worked 9.100 direct labor hours during the month. (List variable costs before fixed costs.) (b) Prepare a flexible budget performance report, assuming that the company worked 8,600 direct labor hours during the month. (List variable costs before fixed costs) MYERS COMPANY Manufacturing Overhead Flexible Budget Report For the Month Ended July 31, 2020 Differe Favora Unfavor Neither Fa nor Unfav Budget Actual Costs Variable Costs Indirect Labor Indirect Materials Variable Costs Indirect labor A Indirect Materials 9 20 MacBook Air FI 20 OOOF FS FB A ! 7 * * # 3 N $ 4 % 5 & 7 6 8 9 ON C 14