Amount Descriptions Flexible Budget Conceptual Connection Budgeted amounts for the year: Materials Labor Variable overhead (VOH) 0.5 hr $1.60 Fixed overhead (FOH) $5,600 2 leather strips@$7.30 1.5 hr@ $19.60 Required: 1. Prepare a flexible budget for 3,200,3,700, and 4,200 units 2. CONCEPTUAL CONNECTION (a) Calculate the unit cost at 3,200, 3,700, and 4,200 units. (b) What happens to unit cost as the number of units produced increases? Previous Check My Work 2 more Check My Work uses remaining