55. The master budget of Benedict Company shows that the planned activity level for next year is expected to be 50,000 machine hours. At this level of activity, the following manufacturing overhead costs are expected: lndirect labor $240,000 Machine supplies 60,000 lndirect materials 70,000 Depreciation on factory building 50 000 Total manufacturing overhead $420,000 A flexible budget for a level of activity of 60,000 machine hours would show total manufacturing overhead costs of $494,000. $420,000. $504,000. $454,000. 9.0.6.9