le 11 Exercise & Problem Set i Saved Check my work O Acme Company's production budget for August is 17,500 units and includes the following component unit costs: direct materials, $8; direct labor, $10; variable overhead, $6. Budgeted fixed overhead is $35,000. Actual production in August was 17,000 units. Required: eBook Prepare a flexible budget that would be used to compare against actual production costs for August. Original Budget Flexed Budget Cost Formula (17,500 units) (17,000 units) Direct materials Direct labor Variable overhead Fixed overhead Total budgeted cost