Calculator Montgomery Company has developed the following flexible budget formulas for its four overhead items: @ Overhead item Maintenance Fixed Cost $10,000 $ 1,500 Variable rate per direct labor hour $ 3.00 $ 0.30 $12.00 Power Indirect labor cost Equipment lease Total $7,000 $18,500 $15.30 Montgomery normally produces 15,000 units (each unit requires 0.30 direct labor hours); however, this year.9,000 units were produced with the following actual costs: Overhead item Actual costs Maintenance $14,000 Power $ 2,200 Indirect labor cost $70,000 Equipment lease $7.000 Total costs 593,200 The total budgeted overhead for an expected activity level of 10,000 units is: a $124.000 564.400 C. 512.400