ex Time allowed: 10 minutes The cost formulas for Emory Company's manufacturing overhead costs are given below. These cost formulas cover a relevant range of 15,000 to 25,000 machine-hours each year. Overhead costs Utilities Indirect labour Supplies Maintenance Depreciation Cost formula 10.30 per machine-hour 52.000 plus 1.40 per machine-hour 0.20 per machine-hour 18,000 plus 0.10 per machine-hour 90,000 Required Prepare a flexible budget in increments of 5,000 machine-hours. Include all costs in your budget