1) True Blue Company provides the following data developed for its master budget: Sales price Costs: Direct materials Direct labor Variable overhead Factory depreciation Supervision. Selling expense. Administrative cost Required: $12.00 per unit $3.24 per unit $4.75 per unit $0.50 per unit $12,000 per month $14,000 per month $0.25 per unit $8,000 per month Prepare flexible budgets for sales of 20,000, 22,000 and 24,000 units. Use a contribution margin format. Units Sales Variable cost: Direct material Direct labor Variable overhead Variable selling expenses Total variable cost Contribution margin Fixed cost: Fixed overhead Operating expenses Total fixed cost Income from operations e amt per unit True Blue Company Flexible budget Dec 31st 2022 Flexible budget 20,000 units 22,000 units 24,000 units