Q4. A company is planning to prepare a budget for the year 2017 and provides you with the following information regarding the preparation of the budget: (4 Marks)

Particulars	Amount
Budgeted selling price per unit	$650 per unit
Total fixed costs	$155,000
Variable costs	$175 per unit

You are required to prepare a flexible budget for 500, 600, 700, and 800 units.