Can anyone help with questions 1-3? Thank you!

Flowing Bubbles, Inc., produces multicolored bubble solution used for weddings and other events. EEB (Click the icon to view the master budget income statement.) Flowing Bubbles' plant capacity is 62,500 kits. If actual volume exceeds 62,500 kits, the company must expand the plant. In that case, salaries will increase by 10%, depreciation by 15%, and rent | by $4,000. Fixed utilities will be unchanged by any volume increase. graph Requirements 1. Prepare flexible budget income statements for the company, showing output levels of 55,000, 60,000, and 65,000 kits. 2. Graph the behavict of the company's total costs. Use total costs on the y-axis and volume (n thousands of bubble kits) on the x-axis. 3. Why might Flowing Bubbles' managers want to see the graph you prepared in Requirement 2 2. Graph the behavior of the company's total costs. Use total costs on the y-axis and volume (in thousands of bubble kits) on the x-axis. 3. Why might Flowing Bubbles' managers want to see the graph you prepared in Requirement 2 as well as the columnar format analysis in Requirement 1? What is the disadvantage of the graphic approach? i Data Table The company's master budget income statement for March follows. It is based on expected sales volume of 55,000 bubble kits. Flowing Bubbles, Inc. Master Budget Income Statement Month Ended March 31 $ 170,500 Variable expenses: Cost of goods sold 68,750 Sales commissions Utilitv expense5.5 13,750 5.500 PrintDone Data Table Cost of goods sold Sales commissions.. . Utility expense $ 68,750 13,750 5,500 Fixed expenses: 30,G30 20,000 15,000 7,000 $ 160,000 $10,500 Depreciation expense... Rent expense Total expenses Operating income Print Done 2 as well as the columnar format analysis in Requirement 1? What is the disadvantage of Requirement 3. Why might Flowing Bubbles' managers want to see the graph you prepared in the graphic approach? The advantage of the graph in the previous stop is that Flowing Bubbles' managers can look at the graph to estimate three levels shown in the columnar format in the first step. The disadvantage of the graph is that looking at the graph provides at any output level65,000 bubble kits, not just the I ofthe budgeted cost