Prepare a flexible budget for 20,000, 22,000, and 24,000 units of output, using the information that follows.

Question:

Prepare a flexible budget for 20,000, 22,000, and 24,000 units of output, using the information that follows.
Variable costs:
Direct materials .......... $1.00 per unit
Direct labor ............. $4.00 per unit
Variable overhead ......... $8.00 per unit
Total budgeted fixed overhead .... $180,800