Crane Co. developed its annual manufacturing overhead budget for its master budget for 2022 as follows: Expected annual operating capacity 122,400 Direct Labor Hours Variable overhead costs Indirect labor $612,000 Indirect materials 122,400 Factory supplies 61,200 Total variable 795,600 Fixed overhead costs Depreciation 264,000 Supervision 144,000 Property taxes 120,000 Total fixed 528,000 so Total costs $1,323,600 The relevant range for monthly activity is expected to be between 10,400 and 12,000 direct labor hours, Prepare a flexible budget for a monthly activity level of 10,400 and 11,400 direct labor hours. (List variable costs before fixed costs.) CRANE CO. Monthly Flexible Manufacturing Overhead Budget Activity level Direct labor hours 10,400 11.400 C. A A > A >