Osprey Co. prepared a master budget for 2021 reflecting indirect material costs of $145,652 based on annual production of 171,729 widgets (the annual production is spread out equally over the twelve months). During July 2021, Osprey Co. produced 10,384 widgets incurring indirect material costs of $15,600. What was the static budget amount for indirect materials for July 2021? Question 4 1.25 pts JAX Co. prepared a master budget for 2021 reflecting indirect material costs of $146,852 based on annual production of 120,815 widgets (the annual production is spread out equally over the twelve months). During July 2021, JAX Co. produced 10,318 widgets incurring indirect material costs of $15,600. What was the flexible budget amount for indirect materials for July 2021