Question 34 of 44 < > View Policies Current Attempt in Progress -/10 E! Sheridan, Inc. uses a flexible budget for manufacturing overhead based on machine hours. Variable manufacturing overhead costs per machine hour are as follows: Indirect labor $5.00 Indirect materials: 2.50 Maintenance 0.80 Utilities 0.30 Fixed overhead costs per month are: Supervision Insurance Property taxes Depreciation $980 380 480 1,080 The company believes it will normally operate in a range of 3.800 to 5,800 machine hours per month Prepare a flexible manufacturing overhead budget for the expected range of activity using increments of 1,000 machine hours. La variable costs before fixed costs.) SHERIDAN, INC. Monthly Flexible Manufacturing Overhead Budget