Hausman Corporation bases its budget on machine-hours. The companys static planning budget for November appears below: Budgeted number of machine-hours ------------------------ 9,500 Budgeted variable costs: Supplies (@$3.70 per machine-hour) ---------- $35,150 Power (@$2.40 per machine-hour) ----------------22,800 Budgeted fixed costs: Salaries ----------------------------------------------- 46,550 Equipment depreciation ---------------------------- 31,350 Total cost ----------------------------------------------------- $135,850 Required: Prepare a flexible budget for 9,800 machine-hours per month