cool pool makes large flexible swimming pools and uses machine hours to apply overhead in the Production and Installation departments. Monthly overhead cost formula in Production is y=7,950 + 4.05 MH; in Installation the overhead cost formula is y- 6,150 + 14.25 DLH. These formulas are valid for up to 6,000 machine hours in Production and 9,000 and 60 hours of direct labor in Installation. Each pool is estimated to require 25 machine hours in Production and 60 hours of direct labor in Installation. Expected capacity for the year is 120 pools. a. Prepare a flexible budget for Production at possible annual capacities of 2,500, 3,000, and 3,500 machine hours. Prepare a flexible budget for Installation at possible annual capacities of 6,000, 7,000, 8,000 macine hours. b. Prepare a budget for next months variable, fixed and total overhead costs for each department assuming that expected production is 8 pools. c. Calculate the total overhead cost to be applied to each pool scheduled for production in the coming month if expected cpacity is used to calculate the predetermined OH rates.