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Question 20 points) Subject Company is looking for feedback on performance. The company compares the budget for the year with the actual costs. Subject Company has the following budgeted data: Budgeted variable costs per unit: Direct materials Direct labor Supplies Indirect labor Power Budgeted fixed overhead for the current year: Supervision Depreciation Rent $10.00 12.00 0.50 2.00 0.20 $ 8,000 14,000 10,000 Required: Prepare a flexible budget for production costs for the following range of activity: 3,000 units, 5,000 units, and 7,000 units