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Crane Corporation's master budget for the year is shown below: Required: 1. During the year, the company manufactured and sold 56.900 units of product. Prepare

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Crane Corporation's master budget for the year is shown below: Required: 1. During the year, the company manufactured and sold 56.900 units of product. Prepare a flexible budget for this level of output. 2. Now suppose that the actual level of output was 66,900 units. Prepare a flexible budget for this output level. Complete this question by entering your answers in the tabs below. During the year, the company manufactured and sold 56,900 units of product. Prepare a flexible budget for this level of output. (Do not round intermediate calculations.) Now suppose that the actual level of output was 66,900 units. Prepare a flexible budget for this output level. (Do not round intermediate calculations.)

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