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Reddy Company has the following cost formulas for overhead: Cost Cost Formula Indirect materials Maintenance Machine setup Utilities Depreciation $2,000 plus $0.40 per machine hour

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Reddy Company has the following cost formulas for overhead: Cost Cost Formula Indirect materials Maintenance Machine setup Utilities Depreciation $2,000 plus $0.40 per machine hour $1,500 plus $0.60 per machine hour $0.30 per machine hour 200 plus $0.10 per machine h 800 Based on these cost formulas, the total overhead cost at 600 machine hours is expected to be: 1) $4,500. 2) $5,200. 3) $5,620 4) $5,340

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