Young Corporation has a high probability of operating at 40,000 activity hours during the upcoming period, and lower probabilities of operating at 30,000 hours and 50,000 hours. The company's flexible budget revealed the following: 30,000 Hours 40,000 Hours 50,000 Hours Variable costs $225,000 $300,000 $375,000 Fixed costs 880,000 880,000 880,000 Required information If Young operated at 35,000 activity hours, its total budgeted cost would be: $1,582,500. $1,252,500. $970,000. $1,255,000. $1,142,500.