Figure 11-3. Montgomery Company has developed the following flexible budget formulas for its four overhead items: Variable rate per Overhead item Fixed Cost direct labor hour Maintenance $10,000 $3.00 Power $1,500 $0.30 Indirect labor cost $12.00 Equipment lease $7,000 Total $18,500 $15.30 Montgomery normally produces 15,000 units (each unit requires 0.30 direct labor hours); however this year 19,000 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 $93,200 8. Refer to Figure 11-3. The total budgeted overhead for an expected activity level of 10,000 units is a. $139,400. b. $64,400. c. $124,000. d. $12,400. e. None of these. 9. Refer to Figure 11-3. Calculate the after-the-fact budget for the actual level of activity. a. $91,600 b. $115,000 c. $118,600 d. $77,400 e. None of these.