The following budget information relates to Mercedes Benz Corporation. Variable manufacturing overhead costs per machine hour are as follows: Indirect Labor Indirect Materials Maintenance Utilities $7.30 3.55 .97 53 Fixed overhead costs per month are: $900 500 600 300 Supervision Insurance Property Taxes Depreciation The normal operating range is 4,000 to 8000 machine hours per month INSTRUCTIONS Mercedes-Benz would like a flexible manufacturing overhead budget prepared based on machine hours. Given the range of activity above, prepare the budget using increments of 2,000 machine hours