Question 5: Prepare a flexible budget for Oman Electro-Mechanical Company for the year 2020. The company has provided the following production data for the production of 10,000 units. Table Q5 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 15,000 units for the same product of the company Table Q5 Items Direct materials Direct labor Variable overhead expenses Fixed overheads Selling expenses (20% fixed 80% variable) Amount (OMR) 4,606 2.722 2,998 1,648 1,741 Administration expenses (fixed for all level of production) 318 Distribution expenses (30% fixed, 70% variable)