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. $1.30 Indirect labor Indirect materials Utilities 0.90 0.40 Fixed overhead costs per month are Supervision $4,300. Depreciation $1.900, and Property Taxes $500. The company believes it will normally operate in a range of 6,400-9.400 direct labor hours per month Assume that in July 2020, Myers Company incurs the following manufacturing over head costs. Variable Costs Fixed Costs $10,670 Supervision $4,300 Indirect labor Indirect materials Utilities 7.450 1.900 Depreciation Property taxes 2.950 500 D (a) Prepare a flexible budget performance report, assuming that the company worked 8.400 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 search Manufacturing Overhead Flexible Budget Report For the Month Ended July 31, 2020 Differe Favora Unfavor Neither Fa nor Unfav Budget Actual Costs Fixed Costs 8400 7800 > $ 109 $ $ $ > > > MYERS COMPANY Manufacturing Overhead Flexible Budget Report For the Month Ended July 31, 2020 Differe Favora Unfavor Neither Fa nor Unfav Budget Actual Costs I > >