6. (6 points) Company follows Expected annual operating capacity The following budget information relates to General Motors Variable manufacturing overhead costs per machine hour are as 120,000 Direct Labor Hours Variable overhead costs Indirect labor Indirect materials Factory supplies $310,000 100,000 34,000 444,000 Total variable Fixed overhead costs Depreciation Supervision 170, 000 120,000 96,000 386,000 $930,000 Property taxes Total fixed Total costs The relevant range for monthly activity is expected to be between 10,000 and 12,000 direct labor hours. Instructions General Motors would like a flexible manufacturing overhead budget prepared based on machine hours. Given the range of activity above, Prepare the budget using increments of 1,000 machine hours