Question: Budgeted amounts for the year: Materials ...........2 leather strips @ $ 6.00 Labor ............0.5 hr. @ $ 18.00 VOH ............0.5 hr. @ $ 1.20 FOH

Budgeted amounts for the year:
Materials ...........2 leather strips @ $ 6.00
Labor ............0.5 hr. @ $ 18.00
VOH ............0.5 hr. @ $ 1.20
FOH ............$ 6,800
Required:
1. Prepare a flexible budget for 3,500, 4,000, and 4,500 units.
2. Calculate the unit cost at 3,500, 4,000, and 4,500 units.

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