Sheffield Company uses a flexible budget for manufacturing overhead based on direct labor hours. Variable manufacturing overhead costs per direct labor hour are as follows. 6 Indirect labor $1.30 Indirect materials 0.80 Utilities 0.30 Fixed overhead costs per month are Supervision $4,300, Depreciation $2,000, and Property Taxes $600. The company believes it will normally operate in a range of 6, 100-10,000 direct labor hours per month. Assume that in July 2020, Sheffield Company incurs the following manufacturing overhead costs. Variable Costs Fixed Costs Indirect labor $11,050 Supervision $4,300 Indirect materials 6,790 Depreciation 2,000 Utilities 2,180 Property taxes 600 SHEFFIELD COMPANY Manufacturing Overhead Flexible Budget Report For the Month Ended July 31, 2020 Difference Favorable Unfavorable Neither Favorable nor Unfavorable udget Actual Costs $ $ to Budget Actual Costs nor Unfavorable $ $ DI a 61F Clear > A A A $ Manufacturing Overhead Flexible Budget Report For the Month Ended July 31, 2020 Favorable Unfavorable Neither Favorable nor Unfavorable Budget Actual Costs > $ $ $ A A A A A -- > > > > > > > C V