Prepare a flexible budget for Cedar Jeans Company using production levels of 16,000, 18,000, and 20,000 units produced. The following is additional information necessary to complete the budget:

Variable costs:

Direct: Labor ($6.00 per unit)

Direct Materials ($8.00 per unit)

Variable Manufacturing Costs ($2.50 per unit)

Fixed costs:

Supervisor’s Salaries $80,000

Rent 12,000

Depreciation On Equipment 24,000