Your answer is partially correct Myers Company uses a flexible budget for manufacturing overhead based on direct labor hours. Variable manufacturing overhead costs per direct labor hour are as follows: $1.30 Indirect labor Indirect materials Utilities 0.80 0.20 Fixed overhead costs per month are Supervision $3,900. Depreciation $2,000, and Property Taxes $800. The company believes it will normally operate in a range of 8,000-11,600 direct labor hours per month. Prepare a monthly manufacturing overhead flexible budget for 2020 for the expected range of activity, using increments of 1.200 direct labor hours. (List variable costs before foed costs.) MYERS COMPANY Monthly Manufacturing Overhead Flexible Budget For the Year 2020 Activity Level 8000 9200 10.000 Direct Labor Hours Variabile Costs Prepare a monthly manufacturing overhead flexible budget for 2020 for the expected range of activity, using increments of 1.200 direct labor hours. (List variable costs before fixed costs.) MYERS COMPANY Monthly Manufacturing Overhead Flexible Budget For the Year 2020 10400 11 8000 9200 15% 13.520 11.960 10,400 8320 7,360 6,400 2320 2080 1840 1.600 26680 23920 21160 18400 3900 3900 3900 2000 3.900 2000 2000 2000