Question 29 The master budget of Waterway Industries shows that the planned activity level for next year is expected to be 5000 machine hours. At this level of activity, the following manufacturing overhead costs are expected: Indirect labor $820000 Machine supplies 280000 Indirect materials 310000 Depreciation on factory building 250000 Total manufacturing overhead $1660000 A flexible budget for a level of activity of 60000 machine hours would show total manufacturing overhead costs of $1992000 $1742000 $1942000 $1660000 n Show Work Click if you would like to show Work for this questions O