From the following data, prepare a Flexible Budget for production of 40,000 units, 60,000 units and 75,000 units of product X, distinctly showing the variable and Fixed Cost as well as the Total Cost. Also indicate the element-wise cost per unit.

Budget Output	1,00,000 units Per-unit cost Rs.
Direct Material	90
Direct Labour	45
Direct Variable Expenses	10
Manufacturing Variable Overheads	40
Fixed Production Overheads	5
Administration Overheads [fixed]	5
Selling Overheads [10% fixed]	10
Distribution Overheads [20% fixed]	15

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To prepare a Flexible Budget for production of 40000 units 60000 units and 75000 units of product X we will calculate the variable and fixed costs for ... View the full answer