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I know the answer is $88,380 but I'd love if I could get a step-by-step on how to get to this answer for my notes.

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I know the answer is $88,380 but I'd love if I could get a step-by-step on how to get to this answer for my notes. Thank you so much!

ABC Corporation has prepared the following overhead budget for next month. thine-hours The company's variable overhead costs are driven by machine-hours. What would be the total budgeted overhead cost for next month if the activity level is 3,600 machine-hours rather than 3,700 machine-hours? (Round your intermediate calculations to 2 decimal places.)

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