Pina Colada 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 $4,080, Depreciation $1,224, and property Taxes $816. The company believes it will normally operate in a range of 7.140-10.200 direct labor hours per month. Assume that in July 2022. Pina Colada Company incurs the following manufacturing overhead costs. Variable Costs Fixed Costs Indirect labor $8,976 Supervision $4,080 Indirect materials 5,916 Depreciation 1,224 Utilities 3,264 Property taxes 816 (a) Prepare a flexible budget performance report, assuming that the company worked 9,180 direct labor hours during the month. (List variable costs before fixed costs.) PINA COLADA 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 8,670 direct labor hours during the month. (List variable costs before fixed costs.) PINA COLADA COMPANY Manufacturing Overhead Flexible Budget Report Difference Favorable Unfavorable Neither Favorable nor Unfavorable Budget Actual Costs $ $ $ $ $ e Textbook and Media