Question 4 of 6 -76 View Policies Current Attempt in Progress Cheyenne Company uses a flexible budget for manufacturing overhead based on direct labor hours. Variable manufacturing overhead costs per direct labor hour are as follows. Indirect labor $ 1.50 Indirect materials 1.10 Utilities 0.80 Fixed overhead costs per month are Supervision $3,520, Depreciation $ 1,056, and Property Taxes $ 704. The company believes it will normally operate in a range of 6,160-8,800 direct labor hours per month. Prepare a monthly manufacturing overhead flexible budget for 2022 for the expected range of activity, using increments of 880 direct labor hours. (List variable costs before fixed costs.) CHEYENNE COMPANY Monthly Manufacturing Overhead Flexible Budget For the Year 2022 Activity Level Direct Labor Hours $