Q1. The expenses budgeted for production of 1,000 units in a factory are furnished below: Particulars Material Cost Labour Cost Variable Overheads Per Unit (Rs.) 700 250 200 Selling expenses (20% fixed) 130 Administrative expenses (Rs. 2,00,000) 200 Total Cost 1.480 Prepare a budget for production of 650 units and 700 units assuming administrative expenses are rigid for all level of production. [10 Marks]