Question: Please include steps to the problem. thank you. JAX Co. prepared a master budget for 2021 reflecting indirect material costs of $166,321 based on annual

Please include steps to the problem. thank you.

JAX Co. prepared a master budget for 2021 reflecting indirect material costs of $166,321 based on annual production of 143,043 widgets (the annual production is spread out equally over the twelve months). During July 2021, JAX Co. produced 10,122 widgets incurring indirect material costs of $15,600. What was the flexible budget amount for indirect materials for July 2021

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