please show work

Question 13 (20 points) Create a flexible budget and calculate the volume variance given the following information, assume that actual output was 12,000 units: NOTE: DON'T WORRY ABOUT CALCULATING COGS OR CONTRIBUTION MARGIN, SIMPLY PREPARE THE FLEXIBLE BUDGET AND CALCULATE THE VOLUME VARIANCES WITH THE INFORMATION THAT YOU HAVE BELOW: Static Budget Units Produced/Sold 15,000 units Revenue $150,000 ($10 per unit) Direct Materials $15,000 ($1 per unit) Direct Labor $30,000 ($2 per unit) Variable Overhead $7,500 ($0.50 per unit) Fixed Overhead $10,000 Variable Operating Expenses $30,000 ($2 per unit) Fixed Operating Expenses $20,000