The master budget of Crane Company 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: $620000 80000 110000 Indirect labor Machine supplies Indirect materials Depreciation on factory building Total manufacturing overhead 50000 5860000 Afleible budget for a level of activity of 60000 machine hours would show total manufacturing overhead costs of 51032000 $1022000 5982000 $860000