C28 V Xfx A B D E 7 3. Prepare a flexible budget at activity levels of 23,500 units and 24,500 units. 8 9 Long Company 10 Variable Amount Flexible Budget for: Units Sales of Units Sales of 23,500 11 12 Sales 13 Variable costs 14 Direct materials 15 Direct labor 16 Indirect materials 17 Sales commissions 18 Shipping 19 Total variable costs 20 Contribution margin 21 Fixed costs 22 Supervisor salary 23 Depreciation-Office equipment 24 Insurance 25 Administrative salaries 26 Office rent 27 Total fixed costs per Unit $2,604,000,000.00 24,500 $11,750,000 $12,250,000 50.00 1,175,000 1,225,000 80.00 1,880,000 1,960,000 35.00 822,500 857,500 25.00 587,500 612,500 27.00 634,500 661,500 217.00 5,099,500 5,316,500 28 Income 29 30 31 32 Students: The scratchpad area is for you to do any additional work o 33 Nothing in this area will 1,189,000 1,189,000 475,000 475,000 380,000 380,000 2,615,000 2,615,000 95,000 95,000 4,754,000 4,754,000