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A company's planned activity level for next year is expected to be 100,000 machine hours. At this level of activity, the company budgeted the following manufacturing overhead costs:

	Variable			Fixed
Indirect materials		$120,000	Depreciation		$50,000
Indirect labor		160,000	Taxes		10,000
Factory supplies		20,000	Supervision		40,000

A flexible budget prepared at the 90,000 machine hours level of activity would show total manufacturing overhead costs of

		$270,000
		$360,000
		$370,000
		$300,000

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9798499

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