Bowling Company budgeted the following amounts: Variable costs of production: Direct materials 2 pounds @ $0.60 per pound Direct labor 0.4 hr @ $15.90 per hour VOH 0.6 hr @ $2.20 per hour FOH: Materials handling $6,800 Depreciation $2,400 Required: Prepare a flexible budget for 2,700 units, 3,200 units and 3,700 units. Refer to the list below for the exact wording of a label or an amount description within your budget. Amount Descriptions Depreciation Direct labor Direct materials Materials handling Total Total conversion cost Total cost of goods sold Total prime cost Variable overhead Bowling Company budgeted the following amounts: Variable costs of production: Direct materials 2 pounds @ $0.60 per pound Direct labor 0.4 hr @ $15.90 per hour VOH 0.6 hr @ $2.20 per hour FOH: Materials handling $6,800 Depreciation $2,400 Required: Prepare a flexible budget for 2,700 units, 3,200 units and 3,700 units. X Amount Descriptions Refer to the list below for the exact wording of a label or an amount description within your budget. Amount Descriptions Depreciation Direct labor Direct materials Materials handling Total Total conversion cost Total cost of goods sold Total prime cost Variable overhead X Flexible Budget Prepare a flexible budget for 2,700 units, 3,200 units and 3,700 units. (Note: Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries.) Bowling Company Flexible Budget 1 2,700 units 3,200 units 3,700 units 2 Variable: 3 4 5 6 Fixed overhead: 7 8 9