Acme Companys production budget for August is 17,500 units and includes the following component unit costs: direct materials, $8; direct labor, $10; variable overhead, $6. Budgeted fixed overhead is $32,000. Actual production in August was 18,000 units. Required: Prepare a flexible budget that would be used to compare against actual production costs for August.

Required: Prepare a flexible budget that would be used to compare against actual production costs for August. Flexed Original Budget Budget 17500(18,000 units) Cost Formula units) Direct materials Direct labor Variable overhead Fixed overhead Total budgeted cost