Exercise 11-31 Flexible Budget for Various Levels of ProductionBudgeted amounts for the year:.909px;

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Exercise 11-31 Flexible Budget for Various Levels of ProductionBudgeted amounts for the year:.909px;=”” collapse;=”” baseline;=”” 14px;=”” sans-serif;=”” sans”,=”” “open=”” 24px;=”” inherit;=”” 12px=”” border-box;=””>Materials2 leather strips @ $7.00Labor1.5 hr. @ $18.00VOH1.5 hr. @ $1.20FOH$6,800Required:1.Prepare a flexible budget for 3,500, 4,000, and 4,500 units.2.CONCEPTUAL CONNECTION Calculate the unit cost at 3,500, 4,000, and 4,500 units. (Note: Round unit costs to the nearest cent.) What happens to unit cost as the number of units produced increases?

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