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Grouper 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 Utilities 0.70 0.40 Budgeted fixed overhead costs per month are Supervision $3,680, Depreciation $1,104, and property Taxes $736. The company believes it will normally operate in a range of 6,440-9,200 direct labor hours per month Assume that in July 2022, Grouper Company incurs the following manufacturing overhead costs. Variable Costs Indirect labor $8,096 Indirect materials 5,336 Utilities 2.944 Fixed Costs Supervision $3,680 Depreciation 1.104 Property taxes 736 a (a) Prepare a flexible budget performance report, assuming that the company worked 8,280 direct labor hours during the month. (List variable costs before fixed costs.) Budget Actual Costs nor Unfavo Direct Labor Hours : 8280 8280 Variable Costs Indirect Materials $ 8280 $ $ 8096 $ 0 Favo Indirect Labor 5796 5336 460 Favo Utilities 3312 2944 368 Favo Total Variable Costs : 17388 16376 1012 Favo Fixed Costs Supervision 3600 3680 0 Neiti Depreciation e 1104 1104 0 Neit! Property Taxes 736 736 0 Neiti Total Fixed Costs 2 5520 5520 Neit! Total Costs $ 22908 $ 21896 $ 1012 Favol Budget Actual Costs rertner ray nor Unfavo Direct Labor Hours 7820 8096 Variable Costs Indirect Materials $ 7820 $ 8096 $ Favo Indirect Labor 5474 566720 138 Unfa Utilities 3128 2944 184 Favo Total Variable Costs - 16422 16376 10 Favo Fixed Costs Depreciation 3680 3680 0 Neit! Supervision 1104 1104 O Neit Property Taxes 736 736 0 Neit Total Fixed Costs 5520 5520 Neit Total costas $ 201062 $ 2896

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