A budget that is based on the actual activity of a period is known as a Multiple Choice continuous budget flexible budget static budget master budget Kerekes Manufacturing Corporation has prepared the following overhead budget for next month. Activity level 3,1ee machine hours $15,810 27,9ee Variable overhead costs Supplies Indirect labor Fixed overhead costs: Supervision Utilities Depreciation Total overhead cost 17.ee 6,500 7,500 $74,719 The company's variable overhead costs are driven by machine-hours. What would tal bucketed overhead cost for next month of the activity levels 3.000 machine hours rather than 3.500 machine hous? 372.00 572,300 SO Petrus Framing's cost formula for its supplies cost is $1830 per month plus $10 per frame For the month of March, the company planned for activity of 623 frames but the actual level of activity was 679 frames. The actual supplies cost for the month was $8.540. The activity variance for supplies cost in March would be closest to Multiple Choice $480 F $1800 $60 GOU