Question: please include steps to the problem. thank you. Osprey Co. prepared a master budget for 2021 reflecting indirect material costs of $176,829 based on annual

please include steps to the problem. thank you.

Osprey Co. prepared a master budget for 2021 reflecting indirect material costs of $176,829 based on annual production of 140,611 widgets (the annual production is spread out equally over the twelve months). During July 2021, Osprey Co. produced 10,683 widgets incurring indirect material costs of $15,600. What was the static budget amount for indirect materials for July 2021

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