Durham Manufacturing Co.'s static budget at 10,000 units of production includes $50,000 for direct materials and $100,000 for variable manufacturing overhead. Total fixed costs are $30,000. The relevant range for Durham is 5,000 units to 50,000 units. If the sales are increased by 10%, the flexible budget would show: m (3 Points) Total variable costs of $160,000, and fixed costs remain the same, i.e. $30,000 Total costs will remain the same, as the 10% increase in sales appears to be within the relevant range Increase in total variable costs to $165,000 and increase in fixed costs to $33,000 March Cash balance at March 1 Total Cash receipts Total Cash payments $21.000 800.000 811,500 Morgan Inc. is preparing its cash budget. The company's policy states that its minimum required cash balance is $20,000 and it needs to borrow money in $1,000 increment at the end of each month, if required. The following data has been provided for March: Calculate the estimated ending cash balance after financing, at the end of March: (3 Points) $20,500 $11,000 $9,500 $10,500