Prepare a flexible budget for Dandy Jeans Company using production levels of 16,000, 18,000, and 20,000 units produced. The following is additional information necessary to complete the budget:
Variable costs:
Direct Labor ($6.00 per unit)
Direct Materials ($8.00 per unit)
Variable Manufacturing Costs ($2.50 per unit)
Fixed costs:
Supervisor's Salaries $80,000
Rent $12,000
Depreciation on Equipment $24,000