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please answer the question as i need to fill in the values of the cells highlighted in yellow E23.4 Prepare flexible budget reports for manufacturing

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E23.4 Prepare flexible budget reports for manufacturing overhead costs, and comment on. findings 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. Fixed overhead costs per month are supervision $4,000, depreciation $1,200, and property taxes $800. The company believes it will normally operate in a range of 7,00010,000 direct labor hours per month. In July 2025, Myers Company incurs the following manufacturing overhead costs. Instructions a. Prepare a flexible budget performance report, assuming that the company worked 9,000 direct labor hours during the month. b. Prepare a flexible budget performance report, assuming that the company worked 8,500 direct labor hours during the month. c. Comment on your findings. NOTE: Enter a formula, a cell reference, or a value (if you are unable to reference a cell), into the yellow shaded input cells. a. MEYERS COMPANY Manufacturing Overhead Flexible Budget Report For the Month Ended July 31, 2025 Comment on your findings

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