3 The rent expense is $1,000 at a sales level of $100,000. Budget the rent expense at a sales level of $200,000. Problem 4 Budget the labor expense for a forecasted sales level of $200,000 from the following data: Historical sales level: $100,000 Historical semi-variable: $30,000. (TC $30,000 =VC $25,000 + FC $5,000) Problem 5 Compute the monthly and annual fixed portion of the following semi-variable expense using the high- low method: Month Room's value Labor cost $100 $80 $79 $120 $90 Carry the unit variable rate to four decimals. Round the final answers to whole dollars. 1. 2. 3. 4. 5. 175 125 128 200 150