Flexible Budget for Various Levels of Production Budgeted amounts for the year: 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. Flexible Budget Variable Cost per Unit 3,500 units 4,000 units 4,500 units $ $ $ 12,250 X 14,000 X 15,750 X Direct materials $ X Direct labor 12 X 42,000 X 48,000 X 54,000 X V ' bl 0::rahe:d 0.8 X 2,800 X 3,200 X 3,600 X Fixed overhead 5:800 V' 6,300 4 5:800 '1 $- x $- x _ x 2. CONCEPTUAL CONNECTION Calculate the unit cost at 3,500, 4,000, and 4,500 units. (Note: Round unit costs to the nearest cent.) Unit cost at 3,500 units $ X Unit cost at 4,000 units $- X Unit cost at 4,500 units $ X