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The master budget of Concord Corporation shows that the planned activity level for next year is expected to be 50000 machine hours. At this level

The master budget of Concord Corporation shows that the planned activity level for next year is expected to be 50000 machine hours. At this level of activity, the following manufacturing overhead costs are expected:

Indirect labor $640000

Machine supplies 100000

Indirect materials 130000

Depreciation on factory building 80000

Total manufacturing overhead $950000

A flexible budget for a level of activity of 60000 machine hours would show total manufacturing overhead costs of

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