2)Markee Building LLC static budget for the year is shown below: 1 1 Sales (50,000 units) Cost of Goods Sold: ---- Direct Material ...Direct Labor $125,000 400,000x Overhead (includes $2 per unit Variable cost) 180,000 Gross Profit Selling Expenses ....Sales Commissions (Variable) ....Rent (Fixed) ----Insurance (Fixed)x General and administrative expenses ....Salaries (fixed) ...Rent (Fixed) ----Depreciation (Fixed) P A .....50,000 *****80,000 .....35,000x P ...100,000x *****30,000x *.**.50,000 R $1,300,000 P P *-*-705,000 ****595,000 d d P B P P P P $ 250,000 B P P R P 345,000 A 1 Prepare a flexible budget for Markee Building LLC that shows a detailed budget for its static budget and its actual sales volume of 70,000 units. Use the contribution margin approach. PROTECTED AMAS