Interpreting Cost Formula

Wylie Enterprises' controller, Josh Senior, estimated the following formula, based on monthly data, for total overhead cost:

Overhead costs = $170,500 + ($43.00 x Direct labor hours)

Required

1) Link each term in Column A to the corresponding term in Column B

Column A Column B

Overhead cost

$170,500

$43.00

Direct labor hours

2) If next month's budgeted direct labor hours equal 8,000, and are within the relevant range, what is the budgeted overhead cost?

3) If next quarter's budgeted direct labor hours equal 26,000, and are within the relevant range, what is the budgeted overhead cost?

4) If next year's budgeted direct labor hours equal 101,250, and are within the relevant range, what is the budgeted overhead cost?