Question 29 (2.5 points) A company's planned activity level for the next year is expected to be 100,000 machine hours. At this level of activity, the company budgeted the following manufacturing overhead costs: Variable Fixed Indirect materials $130,000 Depreciation $50,000 Indirect labor $160,000 Taxes $10,000 Factory supplies $21,000 Supervision $40,000 A flexible budget prepared at the 90,000 machine hours level of activity would show total manufacturing overhead costs of $311,000 $279,900 $379,900 $369,900