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Question 2 of 10 < > -/3 E Pronghorn Company uses a flexible budget for manufacturing overhead based on direct labor hours. Budgeted variable

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Question 2 of 10 < > -/3 E Pronghorn 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 $4,160, Depreciation $1,248, and property Taxes $832. The company believes it will normally operate in a range of 7.280-10,400 direct labor hours per month. Assume that in July 2022. Pronghorn Company incurs the following manufacturing overhead costs. Variable Costs Fixed Costs Indirect labor $9.152 Supervision $4,160 Indirect materials Utilities 6,032 3,328 Depreciation. 1248 Property taxes 832

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