Subject Company is looking for feedback on performance. The company compares the budget for the year with the actual costs. Subject Company has the following budgeted data: Budgeted variable costs per unit: Direct materials $10.00 Direct labor 12.00 Supplies 0.50 Indirect labor 2.00 Power 0.20 Budgeted fixed overhead for the current year: Supervision $ 8,000 Depreciation 14,000 Rent 10,000 Required: Prepare a flexible budget for production costs for the following range of activity: 3,000 units, 5,000 units, and 7,000 units