A company's planned activity level for next year is expected to be 100,000 machine hours. At this level of activity, the company budgeted the following manufacturing overheadcosts: Variable Fixedlndirect materials $120,000 Depreciation $50,000lndirect labor 160,000 Taxes 10,000Factory supplies 20,000 Supervision 40,000 Aflexible budget prepared at the 110,000 machine hours level of activity would show totalmanufacturing overhead costs of: a. $300,000. b. $370,000. c. $400,000. d. $430,000