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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.

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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. ndirect labor 1.40 Indirect materials 080 Utilities 0.30 Fixed overhead costs per month are Supervision $3,800, Depreciation $1,700, and Property Taxes $ 500. The company believes it will normally operate in a range of 7,400- 11,600 direct labor hours per month. Assume that in July 2017, Myers Company incurs the following manufacturing overhead costs. Variable Costs Fixed Costs Indirect labor $14,010 Supervision 3,800 8,030 Depreciation 1,700 2,650 Property taxes 500 Utilities (a) 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.)

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