E$10\mathrm{.}4($LO $2),$ AN Writing Using the information in E$10\mathrm{.}3,$ assume that in July $2020,$ Myers Company incurs the following manufacturing

overhead costs.

Prepare flexible budget reports for manufacturing overhead costs, and comment on findings.

Excel

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.