Assume Pritchet Computer Company has created a standard cost card for the PCC model tablet computer, with overhead allocated based on direct labor hours: Click the icon to view the standard costs.) During the month of September, Pritchet Computer Company incurred the following costs while manufacturing 800 PCC model tablets: (Click the icon to view the actual costs.) Read the requirements. Requirement 1. Prepare a flexible budget for September for 600, 700, and 800 PCC model tablets. The tablet has a standard sales price of $590. List variable costs separately. Flexible Budget For the Month Ended September 30 Budget Amounts per Unit Units 600 700 800 Sales Revenue Variable Costs: Direct Materials Direct Labor Variable Overhead Total Variable Costs Contribution Margin Fixed Costs Operating Income Direct materials Direct labor Variable overhead Fixed overhead $250 per tablet 4 hours per tablet at $28 per hour 4 hours per tablet at $12 per hour $38,000 per month Direct materials $ Direct labor 205,600 93,120 38,720 39.120 Variable overhead Fixed overhead 1. Prepare a flexible budget for September for 600, 700, and 800 PCC model tablets. The tablet has a standard sales price of $590. List variable costs separately. 2. Using 700 PCC model tablets for the static budget, prepare a flexible budget performance report for September. Total sales revenue for the month was $489,600. The company sold 800 tablets. 3. What insights can the management of Pritchet Computer Company draw from the performance report? Flexible Budget Performance Report For the Month Ended September 30