verhead costs." You find that the company has never used a flexible budget, and you suggest that preparing such a budget would be in excellent first step in overhead planning and control.

ffter much effort and analysis, you determined the following cost formulas and gathered the following actual cost data for March:

$\backslash$table$[[,$Cost Formula,$\backslash$table$[[$Actual Cost in$],[$March$]]],[\backslash$table$[[$Utilities$],[$Maintenance$]],$$$16,200+$$$0\mathrm{.}15$ per machine$-$hour,$$21,300$