Instructions 7.00 Purchasing Purchase Orders 75,000 Jarend has found that the following driver levels are associated with two different levels of production. Driver Machine hours Setups Purchase Orders 40,000 units 60,000 units 90,000 70 18,000 60,000 50 12,000 Required: Prepare an activity-based flexible budget for 40,000 units and 60,000 units. Amount Descriptions Refer to the list below for the exact wording of an amount description within your budget. Amount Descriptions Machining Maintenance Purchasing Setting up . Instructions Jarend Company provided information on the following four overhead activities. Fixed Cost $50,000 25,000 Variable Activity Maintenance Machine hours Machining Setting up Purchasing Purchase Orders 75,000 Rate Driver $1.80 Machine hours 3.00 2,100 Setups 7.00 Jarend has found that the following driver levels are associated with two different levels of production. Driver Machine hours Setups Purchase Orders 40,000 units 60,000 units 60,000 50 12,000 90,000 70 18,000 Required Prepare an a flexible budget for 40,000 units and 60,000 units