Flexible Budget with Different Levels of Production Bowling Company budgeted the following amounts: Variable costs of production: Direct materials Direct labor VOH 3 pounds@ $0.60 per pound 0.5 hr.@$16.00 per hour 0.5 hr.@$2.20 FOH: Materials handling $6,200 Depreciation $2,600 Required: Prepare a flexible budget for 2,500 units, 3,000 units, and 3,500 units Bowling Company Flexible Budget 2,500 units 3,000 units 3,500 units Direct materials Direct labor Variable overhead Fixed overhead Materials handling Depreciation Bowling Company budgeted the following amounts: Variable costs of production: Direct materials Direct labor VOH 3 pounds@ $0.60 per pound 0.5 hr.@ $16.00 per hour 0.5 hr.@$2.20 FOH Materials handling $6,200 Depreciation $2,600 Required: Prepare a flexible budget for 2,500 units, 3,000 units, and 3,500 units. Bowling Company Flexible Budget 2,500 units 3,000 units 3,500 units Direct materials Direct labor Variable overhead Fixed overhead: Materials handling Depreciation Total