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MESSAGE MY INSTRUCTOR PULL SCREEN PRINTER VERSION BACK NEXT ok 4 (Part 5102 Exercise 24-4 Myers Company uses a flexible budget for manufacturing overhead based on direct labor hours, Vanable manufacturing overhead costs per direct labor hour are as follows. Indirect labor $1.30 Indirect materials 0.90 Utilities 0.40 12 (Part Foxed overhead costs per month are Supervision $4,300, Depreciation $1,900, and Property Taxes $500. The company believes it will normally operate in a range of 6,400-9,400 direct labor hours per month A (Part Assume that in July 2017, Myers Company incurs the following manufacturing overhead costs. 5 (Part 10 (Part Variable Costs Indirect labor Indirect materials Utilities $10,670 7,450 2,950 Fixed Costs Supervision Depreciation Property taxes $4,300 1,900 500 SOUL hofara fired costs (a) Prepare a flexible budget performance report, assuming that the company worked 8,400 direct labor hours during the month. (L MYERS COMPANY Manufacturing Overhead Flexible Budget Report For the Month Ended July 31, 2017 Difference Favorable Unfavorable Neither Favorable nor Unfavorable Budget Actual Costs