Prepare flexible budget reports for manufacturing overhead costs, and comment on findings.

E$13\mathrm{.}20($LO $2)$ Excel Using the information in E$13\mathrm{.}19,$ assume that in July $2022,$ Raney Company incurs the following

manufacturing overhead costs:

Instructions

a$.$ Prepare a flexible budget performance report, assuming that the company worked $9,000$ direct labour hours during the $m$

b$.$ Prepare a flexible budget performance report, assuming that the company worked $8,500$ direct labour hours during the $m$

c$.$ Comment on your findings.