Kerekes Manufacturing Corporation has prepared the following overhead budget for next month. Activity level 2500?machine-hoursVariable overhead costs:Supplies$11,250? Indirect labor 21,000? Fixed overhead costs: Supervision 15,700? Utilities 5900? Depreciation 6900? Total overhead cost$60,750? The company's variable overhead costs are driven by machine-hours.What would be the total budgeted overhead cost for next month if the activity level is 2400 machine-hours rather than 2500 machine-hours?
A. $58,320
B. $59,460
C. $60,750
D. $58,870
Answer: B
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