M9-5 (Static) Preparing a Flexible Budget [LO 9-2] Evanson Company expects to produce 500,000 units of their product during the year. Monthly production is expected to range from 40,000 to 80,000 units. The company has budgeted manufacturing costs per unit to be as follows: Direct materials $4 Direct labor 5 Variable manufacturing overhead 6 Fixed manufacturing overhead 3 Prepare a flexible manufacturing budget using 20,000 unit increments. Evanson Company Monthly Flexible Manufacturing Budget Activity level Variable costs Finished units Direct materials Direct labor Overhead Total variable costs Total fixed costs Fixed costs