Hello I am working on the assignment below but I am unsure o

Hello, I am working on the assignment below, but I am unsure of how to solve it, please help me in solving it.

1.

The master budget of Swifty Corporation shows that the planned activity level for next year is expected to be 50000 machine hours. At this level of activity, the following manufacturing overhead costs are expected:

$900000

A flexible budget for a level of activity of 60000 machine hours would show total manufacturing overhead costs of

Indirect labor	$630000
Machine supplies	90000
Indirect materials	120000
Depreciation on factory building	60000
Total manufacturing overhead	$900000

Solution

1 Indirect labor 756000 =630000/50000*60000 Machine supplies 108000 =90000/50000*60000 Indirect materials 144000 =120000/50000*60000 Depreciation on factory building 60000 Total manufacturing overhead 1068000 2 Fixed manufacturing overhead 3 Total manufacturing costs for March = (40000*12)+50000= $530000 4 Direct materials price variance = 3800-(1000*4) = $200 favorable.