The Excitement Company bases its flexible budget for manufacturing overhead on direct labor hours (DLHs). The company uses the following information in its flexible budget: Supplies Utilities Insurance Indirect labor $ 0.25 per DLH $ 1,000 per month plus $0.20 per DLH $ 4,000 per month $22,000 per month plus $0.15 per DLH REQUIRED: Prepare a flexible budget for Excitement Company using the chart below. Item Cost formula Direct Labor Hours 75,000 65,000 85,000 Variable Costs: Total Variable Costs Fixed Costs: Total Fixed Costs TOTAL COSTS EXTRA CREDIT (+3): What would be the total cost if the company used 83,000 DLHs