A company's planned activity level for next year is expected to be 100000 machine hours. At this level of activity, the company budgeted the following manufacturing overhead costs: Variable Fixed Indirect materials $170000 Depreciation $60000 Indirect labor 280000 Taxes 10000 Factory supplies 26000 Supervision 50000 A flexible budget prepared at the 80000 machine hours level of activity would show total manufacturing overhead costs of O $476000 $500800 $380800 $476800