rts for ts, and Excel using increments of 1,000 direct labor hours E10.4 (LO 2), AN Writing Using the information in E10.3, assume that in July 2020, Myers Company incurs the following manufacturing overhead costs. Variable Costs Indirect labor Indirect materials Utilities $8,800 5,800 3,200 Fixed Costs Supervision Depreciation Property taxes $4,000 1,200 800 Instructions a. Prepare a flexible budget performance report, assuming that the company worked 9,000 direct labor hours during the month. b. Prepare a flexible budget performance report, assuming that the company worked 8,500 direct labor hours during the month. c. Comment on your findings.

using increments of 1,000 direct labor hours. E10.4 (LO 2), AN Writing Using the information in E10.3, assume that in July 2020, Myers Company incurs the follov Instructions a. Prepare a flexible budget performance report, assuming that the company worked 9,000 direct labor hours during the month. b. Prepare a flexible budget performance report, assuming that the company worked 8,500 direct labor hours during the month. c. Comment on your findings