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Flint Company uses a flexible budget for manufacturing overhead based on direct labor hours. Budgeted...

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Accounting

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Flint 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. Budgeted fixed overhead costs per month are Supervision $4,720, Depreciation $1,416, and property Taxes $944. The company believes it will normally operate in a range of 8,26011,800 direct labor hours per month. Assume that in July 2022, Flint Company incurs the following manufacturing overhead costs. (a) Prepare a flexible budget performance report, assuming that the company worked 10,620 direct labor hours during the month. (List variable costs before fixed costs) FLINT COMPANY Manufacturing Overhead Flexible Budget Report Different Unfavoral Neither Favo BudgetActualCostsnorUnfavorNeitherFavo 5 $ FLTNT COMPANY Manufacturing Overhead Flexible Budget Report 5 5 $ $ $ $ 5 5 5 (b) Prepare a flexible budget performance report. assuming that the company worked 10,200 direct labor hours during the month. (List variable costs before fixed costs.) Neither Favorable Budget Actual Costs nor Unfavorable 5 $ 5

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