sev Wadding Corporation applies manufacturing overhead to products on the basis of standard machine-hours. For the most recent month, the company based its budget on 3.600 machine-hours. Budgeted and actual overhead costs for the month appear below Actual Budget Static Costs Variable overhead costs: $11,160 $11,830 Supplies Indirect labor 26.280 27.970 Total VO costs 37,440 39,800 Fixed overhead costs: Supervision 19,700 19,340 Utilities 5,900 5,770 Factory depreciation 6.900 7.210 Total FO costs 32.500 $69.940 32.320 $72.120 Total overhead cost sev Wadding Corporation applies manufacturing overhead to products on the basis of standard machine-hours. For the most recent month, the company based its budget on 3.600 machine-hours. Budgeted and actual overhead costs for the month appear below Actual Budget Static Costs Variable overhead costs: $11,160 $11,830 Supplies Indirect labor 26.280 27.970 Total VO costs 37,440 39,800 Fixed overhead costs: Supervision 19,700 19,340 Utilities 5,900 5,770 Factory depreciation 6.900 7.210 Total FO costs 32.500 $69.940 32.320 $72.120 Total overhead cost