Kerekes Manufacturing Corporation has prepared the following overhead budget for next month.

Activity level $3,000$ machine$-$hours

Variable overhead costs:

Fixed overhead costs:

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 $2,900$ machine$-$hours rather than $3,000$ machine$-$hours?

$$69,970$

$$72,000$

$$69,600$

$$70,610$