IVANHOE, INC. Monthly Flexible Manufacturing Overhead Budget Activity level 5,500 $ $ $ Fixed overhead costs per month are: The company believes it will normally operate in a range of 3,500 to 5,500 machine hours per month. Prepare a flexible manufacturing overhead budget for the expected range of activity using increments of 1,000 machine hours. (List variable costs before fixed costs.) Question 34 of 44 /10