3 Prepare a flexible budget from the following data made available in respect of a half yearly period and forecast the working results at 70%, 85% and 100% of capacity wher the respective sales are Rs 5,000,000, Rs 6,000,000 and Rs 8,500,000. While fixed expenses remain constant, semi-variable expenses are constant between 55% and 75% of capacity, increasing by 10% between 75% and 90% of capacity and by 20% between 90% and 100% of capacity. The expenses at 60% capacity are as follows: Amount (Rs '000) Semi-variable Maintenance and Repairs Indirect Labour 1.25 5.00 Sales Department Expenses 1.50 Sundry Overheads 1.25 Variable Material 12.00 Labour 13.00 Other Expenses 2.00 Fixed Wages and Salaries 4.20 Rent, Rates and Taxed 2.80 Depreciation Sundry Overheads 3.50 4.50 51,00