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1. Below is an incomplete flexible budget for Industrus Enterprises - fill in the respective blanks. Assume the different levels of output are in the

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1. Below is an incomplete flexible budget for Industrus Enterprises - fill in the respective blanks. Assume the different levels of output are in the relevant range. [10] Various Levels of Output Budget Formula Per Unit 3.000 4.000 5.000 $25 Units Sales Variable costs: Manufacturing Administrative $32,000 $2.625 Fixed costs: Manufacturing Administrative $25,000 $12,500 Operating income 11 2) Overseek Group of Companies has following information at its disposal: [10] Liability arising from defective products Maintenance of test equipment Disposal of defective products Quality engineering of products Quality training of employees Quality improvement projects Setups for testing Supplies used in testing Downtime caused by defects Net cost of scrap Rework labor Warranty repairs Product recalls $1,000,000 $44,000 $80,000 $20,000 $2,000 $55,000 $3,000 $5,500 $70,000 $30,000 $4,500 $100,000 $200,000 Required: Prepare the quality cost report for Overseek Group of Companies

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