PROBLEM 422 Point Year Company makes sequent of steal and they expect and the they budet 57. STOOOO foc ponyta they make 0.25 of direct the which is variable cars with volume Themed year 2017 is as follows Master Budget (60,000 units) 180,000 yds 53153 M 19513 $1.75/yd. Materials 150. 15h 15.000 hrs. STO/hr Direct Labor 75.000 10,000 200.000 $750,000 13 Overhead Rent Property tax Other (505 variable) Total a. Construct the flexible budget and flexible budget variances for 2017 wing to eat provided on the next page. [10 points)