Below are the cost formulas for the indirect manufacturing costs of Emory Company. The costs cover a relevant range of 15,000 to 25,000 machine hours each year.

Indirect costs of manufacturing Costs formula

Public services . . . . . . . . . . . . . . . . . . $ 0.30 per machine-hour

Indirect labor . . . . . . . . . . . . . $ 52000 plus 1.40 per machine-hour

Supplies . . . . . . . . . . . . . . . . . . . . . . $ 0.20 per machine-hour

Maintenance . . . . . . . . . . . . . . . . . . . $ 18000 plus 0.10 per machine-hour

Depreciation . . . . . . . . . . . . . . . . . . . . . $ 90

Is required:

Prepare a flexible budget in increments of 5000 machine-hours. Include all costs in the

flexible budget.