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 $740000 Machine supplies 240000 Indirect materials 190000 Depreciation on factory building 210000 Total manufacturing overhead $1380000 A flexible budget for a level of activity of 60000 machine hours would show total manufacturing overhead costs of

$1446000.

$1614000.

$1656000.

$1380000.

2.