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8. You begin asking your friend for the information you need to construct a flexible budget. Your friend gives you the following information: The budgeted

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8. You begin asking your friend for the information you need to construct a flexible budget. Your friend gives you the following information: The budgeted variable cost per pound of laundry is $0.072 The actual variable cost per pound of laundry is $0.0799 The budgeted volume is 125,000 pounds The actual volume is 156,600 pounds. Budgeted fixed cost is $4,000 Actual fixed cost is $4,000 Use these figures to find the original (static) budgeted expense 9. Use the figures from question 8 to find the actual expenses. 10. Use the figures from question 8 to find the flexible budget expense. (Find total expenses, not expenses per pound of laundry)

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