You have just been hired by FAB Corporation, the manufacturer of a revolutionary new garage door opening device The president has asked that you review the company's costing system and "da what you can to help us get better control of our manufacturing overhead costs You nind that the company has never used a nexible buoget and you suggest tnat preparing such a budget would be a excellent first step in oveshead planning and control Ater much effort and analysis, you determined the tollowing cost formulas and gathered the olowing actual cost data for March Actual Cost in March S24 200 S 7B 100 S 8 400 149 600 Cost Formula Utiitios Maintenance Supplies Indiract labor Depreciatiorn $20,600 plus $0 10 per machine-hour 40.000 plus $1 00 per machine hou $0 30 per machine hour $130,000 plus $0 70 per machine hour $70.000 7 500 March Ouring March, the company worked 26,000 machine, hours and produced 15.000 units ihecomoad oranalyplanned to work 30 080 machine hours dun