At 50% capacity	At 60% capacity
Production unit	12,500	15,000
	RM	RM
Variable Cost
Material	5,000	6,000
Labour	15,000	18,000
Semi-Variable Cost
Electricity	32,875	35,000
Maintenance	2,850	3,000
Fixed Cost
Depreciation	16,500	16,500
Insurance	4,500	4,500
Salaries	15,000	15,000
Utilities	14,000	14,000
Total Cost	105,725	112,000

Profit in any year is budgeted to be 20% of total cost.

Required:

1. Prepare a flexible budget at 70% capacity on the basis of the given data.