Sheridan Company expects to produce 1,200,000 units of product XX in 2022. Monthly production is expected to range from 76,500 to 126,500 units. Budgeted variable manufacturing costs per unit are as follows: direct materials $4, direct labour $8, and overhead $10. Budgeted fixed manufacturing costs per unit for depreciation are $4 and for supervision $1. Prepare a flexible manufacturing budget for the relevant range value using increments of 25,000 units. (List variable costs before fixed costs.) Activity Level SHERIDAN COMPANY Monthly Flexible Manufacturing Budget For the Year 2022 Finished Units 76500 Variable Costs Direct Labour 101500 126500 306000 406000 506000 Direct Materials 612000 812000 1012000 Overhead 765000 1015000 1265000 Total Variable Costs 1683000 $ 2233000 $ 2283000 Blind Costs