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Riverbed Compary uses a fiexble budget for marufacturing overhead based on direct labor hours. Variable nanufacturing overthead costs per direct labor hour are as follows

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Riverbed Compary uses a fiexble budget for marufacturing overhead based on direct labor hours. Variable nanufacturing overthead costs per direct labor hour are as follows Fixed overhead costs per month are supervision $4,240, depreciation $1.272, and property taxes $848. The company belleves it will normaly operate in a range of 7,420 - 10,600 direct labor hours per month. Assume that in July 2022. Riverbed Company incurs the following manufacturing overhead costh. (a) Prepare a flexible budget performance report, assuming that the company worked 9,540 direct labor hours during the month (List variable costs before fixed costs.) Manuhcturing Overheed Flexible Budget Report Difference Favorable Unfavorable Neither Favorable Budget Actual Costs nor Untavorable (b) Prepare a fecobie budget periormance report, astuming that the comgany woked 9.010 direct bbor hours during the manth (list variable costs before fixed costs

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