Feline Watch Company makes wrist watches out of silver metal sheets. Five hours of labor are needed to make each watch. Factory workers are paid $7 each hour. Variable overhead costs are $4 per labor hour. Fixed overhead costs total $5,000 each month. If Feline wanted to manufacture 500 watches in the month of September, what should it budget in overhead costs? multiple choice $7,000 $22,500 $17,500 $15,000