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. $1.00 Indirect labor Indirect materials Utilities 0.70 0.40 Fixed overhead costs per month are Supervision $ 4,400. Depreciation $ 1,320, and property Taxes $ 880. The company believes it will normally operate in a range of 7,700- 11,000 direct labor hours per month. Assume that in July 2022, Sheffield Company incurs the following manufacturing overhead costs. Variable Costs Fixed Cost $ 9.680 Indirect labor $4,400 1.320 Indirect materials Supervision Depreciation Property taxes 6,380 880 Utilities 3,520 (a) Prepare a flexible budget performance report, assuming that the company worked 9,900 direct labor hours during the month. (List variable costs before fixed costs.) SHEFFIELD COMPANY Manufacturing Overhead Flexible Budget Report For the Year Ended July 31, 2022 SHEFFIELD COMPANY Manufacturing Overhead Flexible Budget Report For the Year Ended July 31, 2022 Difference Favorable Unfavorable Neither Favorab nor Unfavorabl Budget Actual Costs Direct Labor Hours (b) Prepare a flexible budget performance report, assuming that the company worked 9,350 direct labor hours during the month (list variable costs before fixed costs.) SHEFFIELD COMPANY Manufacturing Overhead Flexible Budget Report Differen Favorab Unfavora Neither Favi nor Unfavo Budget Actual Costs > $ > > >