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Below please find the static budget and actual results for the year ended 12/31/19 for XYZ Corp, You are working as an accounting intern for the company and you have been asked to prepare a flexible budget for the year ended 12/31/19. The relevant range is from 0 to 15,000 units. All units manufactured are sold. Actual Flexible Static Results Budget Budget Units produced and 12,000 11,000 sold $33,000 Direct $35,000 materials Direct labor $23,500 Variable MOH $10,500 Fixed MOH $94,000 $22.000 $11,000 $110,000 Question 1 1.25 pts What amount will be reported in the flexible budget for direct materials