Prepare a flexible budget from the following data made available in respect of a half-yearly period and forecast the working results at 70, 85, and 100 per cents of capacity when the respective sales are ₹50 lakh, ₹60 lakh, and ₹85 lakh. While fixed expenses remain constant, semi-variable expenses are constant between 55 and 75 per cent of capacity, increasing by 10 per cent between 75 and 90 per cent of capacity and by 20 per cent between 90 and 100 per cent of capacity. The expenses at 60 per cent capacity are as follows: (Amount in lakh of rupees)

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Maintenance and repairs Semi-variable: Indirect labour Sales department expenses Sundry overheads Variable: Material Fixed: Labour Other expenses Wages and salaries Rent, rates and taxes. Depreciation Sundry overheads 1.25 5.00 1.50 1.25 12.00 13.00 2.00 4.20 2.80 3.50 4.50 51.00