Cujo Inc. ("The Company") is a manufacturer of hockey nets in Ottawa. This year is a very important year for the company, as they are considering selling the company for a high price, and really need a strong year to make that possible. Management wants to do some scenario planning and see what the financial results would look like under different production levels. The Company has budgeted these costs for one hockey net (1 Unit) Variable overhead 5.75 hours of direct labour @ $8.00/hour Materials 20 feet of netting @ $1.00/foot Labour 5.75 hours of direct labour @ $3.00/hour Fixed overhead for The Company will be $32,000 this year. Required: Prepare a flexible budget, for the year, for the production of 5,500 and 6,000 units. Using this flexible budget, answer the following questions: Question 35 (2 points) What is the total cost to The Company, excluding fixed overhead, for the production level of 5,500 units? Ouestion 36 point Question 35 (2 points) What is the total cost to The Company, excluding fixed overhead, for the production level of 5,500 units? A/ Question 36 (1 point) What is the total cost per unit for the production level of 5,500 units? Question 37 (2 points) What is the total cost to The Company, excluding fixed overhead, for the production level of 6,000 units? Question 38 (1 point) What is the total cost per unit for the production level of 6,000 units? Question 39 (1 point) Which of the following is true regarding a flexible budget? A flexible budget can only be created at the start of the year Question 39 (1 point) Which of the following is true regarding a flexible budget? A flexible budget can only be created at the start of the year Flexible budget is another name for the static budget A flexible budget can be created for multiple production levels O A flexible budget can only be created for one production level Question 40 (1 point) Using the flexible budget, what costs are included in calculating the total cost of production? Direct materials, direct labour Direct materials Direct materials, direct labour, variable manufacturing overhead, fixed manufacturing overhead MIDI vuugel is another name for the static budget A flexible budget can be created for multiple production levels A flexible budget can only be created for one production level Question 40 (1 point) Using the flexible budget, what costs are included in calculating the total cost of production? Direct materials, direct labour Direct materials Direct materials, direct labour, variable manufacturing overhead, fixed manufacturing overhead Direct materials, direct labour, variable manufacturing overhead