Copper Company has the following production standard for overhead costs: Fixed Costs Variable Costs (per direct labor hour): (per period): $2.10 Supervision Indirect Labor $32,000 $3.50 Indirect Materials. $12.000 Depreciation $9.70 Property Taxes Other $ 2,000 Total Fixed Total Variable Costs $15.30 Costs $46,000 A. Prepare a flexible budget for activities ranging from 1,000 labor hours to 7,000 labor hours in increments of 2,000 hours