Prepare a Flexible budget for overheads on the basis of the following data. Ascertain the overhead rates at 50% and 60% capacity. Variable overheads: At 70% capacity (Rs) Indirect Material 60,000 Labour 180,000 Semi-variable overheads: Electricity: (40% Fixed & 60% variable) 30,000 Repairs: (80% fixed & 20% Variable) 3,000 Fixed overheads: Depreciation 16,500 Insurance 4,500 Salaries 15,000 Total overheads 93,000 Estimated direct labour hours 1,86,000