Based on predicted production of 24,000 units, a company anticipates $300,000 of fixed costs and $246,000 of variable costs. If the company actually produces 20,000 units, what are the flexible budget amounts of fixed and variable costs?

	------Flexible Budget------		------Flexible Budget at ------
	Variable Amount per Unit	Total Fixed Cost	24,000 units	20,000 units
Variable cost	$10.25		$246,000	$205,000
Fixed costs			300,000	300,000
Total budgeted costs			$546,000	$505,000