QUESTION 1 Temple Inc sells its only product for $11.50 per unit. Variable costs total $4.50 per unit and fixed costs are $195,000 up to a maximum of 60,000 units. Sales above 60,000 units require additional space and fixed costs increase to $295,000. Prepare a flexible budget for volumes of 50,000, 60,000, and 70,000 units. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac).