3. Nasya Ltd used the flexible budget to evaluate their performance. Basically the company used direct labour hours to calculate production overhead. The following information is given: Fixed Cost (RM) Indirect labour cost Supplies Utility Depreciation Maintenance Standard Variable Cost for direct labour hour (RM) 1.05 0.8 0.65 10,000 13,000 8,500 19,000 6,500 0.3 In year 2011, standard labour hours for company is 20000 hour. The actual is 16000 hour. The actual cost are as follows: Variable cost (RM) Fixed Cost (RM) Indirect labour cost Supplies Utility Depreciation Maintenance 11,000 12,500 10,000 16,000 8,500 9,000 14,000 11,000 16,000 8,000 Required: a) Prepared a flexible budget for production overhead in different level activity 15000, 16000 and 17000 direct labour hour. (15marks) Budgeted report for performance for year end 2011. (10marks) b)