Questions 1 and 2 are based on the following information. Below please find the static budget and actual results for the year ended 12/31/19 for XYZ Corp, You are working as an accounting intern for the company and you have been asked to prepare a flexible budget for the year ended 12/31/19. The relevant range is from 0 to 15,000 units. All units manufactured are sold. Actual Flexible Static Results Budget Budget Units produced and sold Direct materials $35,000 Direct labor $23,500 Variable MOH $10,500 Fixed MOH $94,000 Question 1 12,000 11,000 $33,000 $22,000 $11,000 $110,000 What amount will be reported in the flexible budget for direct materials? I 2.5 pts

Questions 1 and 2 are based on the following information. Below please find the static budget and actual results for the year ended 12/31/19 for XYZ Corp, You are working as an accounting intern for the company and you have been asked to prepare a flexible budget for the year ended 12/31/19. The relevant range is from 0 to 15,000 units. All units manufactured are sold. Question 1 2.5pts What amount will be reported in the flexible budget for direct materials? What amount will be reported in the flexible budget for direct materials? Question 2 What amount will be reported in the flexible budget for Fixed MOH