Current Attempt in Progress Blue Spruce Company uses a flexible budget for manufacturing overhead based on direct labor hours. Budgeted variable manufacturing overhead costs per direct labor hour are as follows. $1.00 Indirect labor Indirect materials 0.70 Utilities 0.40 Budgeted fixed overhead costs per month are Supervision 53,280, Depreciation $984, and property Taxes 5656. The company believes it will normally operate in a range of 5,740-8.200 direct labor hours per month head cost Assume that in July 2022, Blue Spruce Company incurs the following manufacturing overhead costs. Fixed Costs $3,280 Variable Costs Indirect labor $7.216 Indirect materials 4,756 Utilities 2,624 Supervision Depreciation 984 Property taxes 656 (a) Prepare a flexible budget performance report, assuming that the company worked 7,380 direct labor hours during the month (List variable costs before fixed costs.) BLUE SPRUCE COMPANY Manufacturing Overhead Flexible Budget Report For the Year Ended July 31 2022 Unfavo Neither Fa nor Unfas Budget Actual Costs Direct Labor Hours Variable Costs Indirect Labor Indirect Materials Utilities Total Variable costs Neither Favorable nor Unfavorable Actual Costs Budget Total Variable Costs 3 Fixed Costs > Supervision Depreciation Property Taxes Total Fixed Costs Total Costs