Question #3 Total Cost Basis: with the following data for 70% level of activity, prepare a budget for production at 80% and 100% activity on Total Contbui show the workings separately interpret your results theoretically Production at 70% activity I700 units Material $ 100 per unit Labor 540 per unit Expenses $10 per unit Factory Expenses $ 40,000 (4096 fixed) Administrative Expenses $ 30,000 (60% fixed)