Question 4: Prepare a flexible budget for Oman Electro-Mechanical Company for the year 2021. The company has provided the following production data for the production of 10,000 units. Table Q4 shows the budgeted expenses for the specified production output . Based on the information given, you are required to prepare a budget for a production of 8,000 units and 12,000 unit for the same product of the company. [Total 10 marks) Table Q4 Items Amount (OMR) Direct materials 4,580 Direct labor 2,724 Variable overhead expenses 2,949 Fixed overheads 1,730 Selling expenses (20% fixed, 1,646 80% variable) Administration expenses (fixed 435 for all level of production) Distribution expenses (30% 485 fixed, 70% variable)