Tiberon Corporation estimates that overhead costs for the next year will be 150,000 machine hours. At this activity level, the company budgeted the following manufacturing overhead costs: Cost Category Variable Costs ($) Fixed Costs ($) Indirect materials 180,000 Indirect labor 250,000 Factory supplies 30,000 75,000 15,000 60,000 What is the total manufacturing overhead cost for a flexible budget prepared at 120,000 machine hours?

Tiberon Corporation estimates that overhead costs for the next year will be 150,000 machine hours. At this activity level, the company budgeted the following manufacturing overhead costs: Cost Category Variable Costs ($) Fixed Costs ($) Indirect materials 180,000 Indirect labor 250,000 Factory supplies 30,000 75,000 15,000 60,000 What is the total manufacturing overhead cost for a flexible budget prepared at 120,000 machine hours?