Wytch Corporation bases its budgets on machine-hours. The company's static planning budget for February appears below: Budgeted number of machine-hours. Budgeted variable costs: Supplies (@ $8.40 per machine-hour) Power (@ $5.20 per machine-hour) Budgeted fixed costs: Salaries Equipment depreciation Total expense Required: Prepare a flexible budget for 7,150 machine-hours per month. Wytch Corporation Flexible Budget Actual machine-hours Supplies Power Salaries Equipment depreciation Total expense 7,150 6,750 $ 56,700 35,100 53,100 27,900 $ 172,800

Wytch Corporation bases its budgets on machine-hours. The company's static planning budget for February appears below: Required: Prepare a flexible budget for 7,150 machine-hours per month