Multiple Choice Question 55 The master budget of Crane Company shows that the planned activity level for next year is expected to be 50000 machine hours. At this level of activity, the following manufacturing overhead costs are expected Indirect labor Machine supplies Indirect materials Depreciation on factory building Total manufacturing $620000 80000 110000 50000 overhead A flexible budget for a level of activity of 60000 machine hours would show total manufacturing overhead costs of $982000 $1032000 $1022000 $860000 Click if you would like to Show Work for this question: Open Show Work