60 05 For the production of 10,000 electric automatic irons, the following are the budgeted expenses Particulars Per Unit (S) Direct Material Direct Labor 30 Direct Expenses Variable Factory Overhead 25 Fixed Factory Overheads ($150,000) Selling Expenses 15 Administration Expenses ($50,000 fixed for all levels of production) Distribution Expenses (20% Fixed) Total 15 5 3 160 Prepare a budget of rhte production of 6000, 7000, and 8000 irons showing distinctly the marignal cost and the total cost