Please do not give solution in image format thanku BKCurrent Attempt in ProgressMyers Company uses a flexible budget for manufacturing overhead based on direct labor hours. Variable manufacturing overheadcosts per direct labor hour are as follows.Indirect laborIndirect materialsUtilitiesVariable CostsFixed overhead costs per month are Supervision $4,000, Depreciation $1,200, and Property Taxes $800. The company believes it willnormally operate in a range of 7,000-10,000 direct labor hours per month.Assume that in July 2020, Myers Company incurs the following manufacturing overhead costs.Indirect laborIndirect materialsUtilities$1.000.700.40$8,800Save for Later5,8003,200eTextbook and Media$$Fixed CostsSupervisionDepreciation(a) Prepare a flexible budget performance report, assuming that the company worked 9,000 direct labor hours during the month. (Listvariable costs before fixed costs.)$Property taxesBudget$4,0001,200Budget800MYERS COMPANYManufacturing Overhead Flexible Budget ReportFor the Month Ended July 31, 2020$$(b) Prepare a flexible budget performance report, assuming that the company worked 8,500 direct labor hours during the month. (Listvariable costs before fixed costs.)Actual Costs$$$MYERS COMPANYManufacturing Overhead Flexible Budget ReportFor the Month Ended July 31, 2020$Actual Costs$DifferenFavorabUnfavoraNeither Favnor Unfavo$DifferenFavorabUnfavoraNeither Favnor Unfavo

The overhead costs can be classified as fixed or variable depending on the different elements of…

Current Attempt in Progress 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. Indirect labor Indirect materials Utilities $1.00 0.70 0.40 Fixed overhead costs per month are Supervision $4,000, Depreciation $1,200, and Property Taxes $800. The company believes it will normally operate in a range of 7,000-10,000 direct labor hours per month. Assume that in July 2020, Myers Company incurs the following manufacturing overhead costs. Variable Costs Indirect labor $8,800 Indirect materials 5,800 Utilities Fixed Costs Supervision Depreciation 3,200 Property taxes $4,000 1.200 800 (a) Prepare a flexible budget performance report, assuming that the company worked 9,000 direct labor hours during the month. (List variable costs before fixed corte)