Prepare a flexible budget report for the month of October.

Swifty Company estimates that 322,300 direct labor hours will be worked during the coming year, 2020, in the Packaging Department. On this basis, the following budgeted manufacturing overhead cost data are computed for the year. Fixed Overhead Costs Variable Overhead Costs Supervision $85,680 Indirect labor $128,920 Depreciation 74,280 Indirect materials 83,798 Insurance 24,600 Repairs 45,122 Rent 18,120 Utilities 48,345 Property taxes 19,320 Lubricants 16,115 $222,000 $322,300 It is estimated that direct labor hours worked each month will range from 29,500 to 37,600 hours. During October, 29,500 direct labor hours were worked and the following overhead costs were incurred. Fixed overhead costs: Supervision $7,140, Depreciation $6,190, Insurance $2,025, Rent $1,510, and Property taxes $1,610. Variable overhead costs: Indirect labor $12,880, Indirect materials, $7,220, Repairs $4,070, Utilities $4,705, and Lubricants $1,725. (a) Prepare a monthly manufacturing overhead flexible budget for each increment of 2,700 direct labor hours over the relevant range for the year ending December 31, 2020. (List variable costs before fixed costs.) (a) Prepare a monthly manufacturing overhead flexible budget for each increment of 2,700 direct labor hours over the relevant range for the year ending December 31, 2020. (List variable costs before fixed costs.) SWIFTY COMPANY Packaging Department Monthly Manufacturing Overhead Flexible Budget For the Year 2020 $ Packaging Department Manufacturing Overhead Flexible Budget Report For the Month Ended October 31, 2020 Difference Favorable Unfavorable Neither Favorable nor Unfavorable Budget Actual Costs $ $ $ $