Using the information in E24-3, assume that in July 2012, Rooney Company incurs the following manufacturing overhead costs.

                        

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.