Given the follwoing, prepare:

1. Flexible Budget

2. Schedule of comparison of actual to flex budget

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Given the following prepare 1) Flexible budget 2 )Schedule of comparison of actual to flex budget Static Budget Units Cost Per UnitAmount Act Results Fav(Unfav) Activity level (in units) 400 Variable costs $10.00 $ 8.50 $ $18.50 $ 4,000$4,300 $ 3,400 $ 3,500 $ 7,400 7,800 $ (300) 100) 400 Indirect materials 4Power Total Variable costs Fixed costs Administration Rent 7,000 $ 6,850 $ 6,400 $ 6,400 $ 13,400 $ 13,250 $ 150 1 Total Fixed costs 150 Total Costs 20,800 $ 21,050 $ (250 Actual Results Flex Budget Fav(Unfav) Units Cost Per Unit Amount 8 Activity level (in units) 450 o Variable costs 1 Indirect materials 2Power 4,300 3,500 7,800 Total Variable costs 6 Fixed costs 7 Administration Rent 6,850 6,400 13,250 Total Fixed costs 1 Total Costs 21,050