Budgeted amounts for the year:

Line Item Description	Numerical Value
Materials	2 leather strips @ $7.00
Labor	1.5 hr. @ $18.00
VOH	1.5 hr. @ $1.20
FOH	$6,800

Required:

1. Prepare a flexible budget for 3,500, 4,000, and 4,500 units.

Line Item Description	Variable Cost per Unit	3,500 units	4,000 units	4,500 units
Direct materials	$fill in the blank 1	$ fill in the blank 2	$ fill in the blank 3	$ fill in the blank 4
Direct labor	fill in the blank 5	fill in the blank 6	fill in the blank 7	fill in the blank 8
Variable overhead	fill in the blank 9	fill in the blank 10	fill in the blank 11	fill in the blank 12
Fixed overhead		fill in the blank 13	fill in the blank 14	fill in the blank 15
Total		$fill in the blank 16	$fill in the blank 17	$fill in the blank 18