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Montgomery Company has developed the following flexible budget formules for its four overhead tems: Variable rate per Overhead Item Fixed cost direct labor hour Maintenance $10,000 $ 3.00 $ 1,500 $ 0.30 Indirect labor cost $12.00 Equipment lease $7.000 Total $18.500 $15.30 Montgomery normally produces 15,000 units (each unit requires 0,30 direct sabor hours); nowever, this year 19,000 units ware produced with the following sectunt cotes Power Overhead Item Maintenance Power Indirect labor cost Equipment lease Total costs Actual costs $14,000 $ 2,200 $70,000 $ 2.000 $93.200 Using an after-the-fact flexible budget, calculate the total budget variance. a. 55.000 Ob. $12.5107 c. $12,510U d. 53,000 Oe. None of these choices are correct Dr Next