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Acme Companys production budget for August is 18,500 units and includes the following component unit costs: direct materials, $8.10; direct labor, $11.00; variable overhead, $5.00.

Acme Companys production budget for August is 18,500 units and includes the following component unit costs: direct materials, $8.10; direct labor, $11.00; variable overhead, $5.00. Budgeted fixed overhead is $42,000. Actual production in August was 20,250 units. Required: Prepare a flexible budget that would be used to compare against actual production costs for August

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