[Total 25 marks] Question 5: Prepare a flexible budget for Oman Electro-Mechanical Company for the year 2020. The company has provic following production data for the production of 10,000 units. Table Q5 shows the budgeted expenses for the production output. Based on the information given, you are required to prepare a budget for a production of 1 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) Administration expenses (fixed for all level of production) Distribution expenses (30% fored, 70% variable) Amount (OMR) 4,971 2274 2.111 1,703 1,617 Tuddalet Question 5: Prepare a flexible budget for Oman Electro-Mechanical Company for the year 2020. The company has provic following production data for the production of 10,000 units. Table Q5 shows the budgeted expenses for the production output. Based on the information given, you are required to prepare a budget for a production of 1 for the same product of the company Amount (OMR) 4.971 2 274 2.111 Table Q5 Items Direct materials Direct labor Variable overhead expenses Fixed overheads Selling expenses (20% fixed, 80% variable) Administration expenses (fixed for all level of production) Distribution expenses (30% foved, 70% variable) 1,703 1,617 [Total 10 marks] [Total 25 marks] Question 5: Prepare a flexible budget for Oman Electro-Mechanical Company for the year 2020. The company has provic following production data for the production of 10,000 units. Table Q5 shows the budgeted expenses for the production output. Based on the information given, you are required to prepare a budget for a production of 1 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) Administration expenses (fixed for all level of production) Distribution expenses (30% fored, 70% variable) Amount (OMR) 4,971 2274 2.111 1,703 1,617 Tuddalet Question 5: Prepare a flexible budget for Oman Electro-Mechanical Company for the year 2020. The company has provic following production data for the production of 10,000 units. Table Q5 shows the budgeted expenses for the production output. Based on the information given, you are required to prepare a budget for a production of 1 for the same product of the company Amount (OMR) 4.971 2 274 2.111 Table Q5 Items Direct materials Direct labor Variable overhead expenses Fixed overheads Selling expenses (20% fixed, 80% variable) Administration expenses (fixed for all level of production) Distribution expenses (30% foved, 70% variable) 1,703 1,617 [Total 10 marks]