3. 15 Direct wages Direct expenses The following particulars for two periods are available from the records of a manufacturing company. Period 1 Period 2 Output (units) 60,000 80,000 Costs: Direct materials 120,000 160,000 300,000 400,000 60,000 80,000 Consumable materials 15,000 20,000 Shop labour 6,000 8,000 Maintenance 8,000 10,000 Inspection 1,600 1,800 Depreciation 10,000 10,000 Insurance 5,000 5,000 Salaries 6,000 6,000 Total factory cost 531,600 700,800 Total production at 100 percent capacity is 100,000 units prepare flexible budget for 70 Dercent and 90 percent capacity