)Steelcase Inc. is one of the largest manufacturers of office furniture in the United States.In Grand Rapids, Michigan, it produces filing cabinets in two departments: Fabrication and Trim Assembly.Assume the following information for the Fabrication Department:

Steel per filing cabinet

50 pounds

Direct labor per filing cabinet

18 minutes

Supervisor salaries

$130,000 per month


$20,000 per month

Direct labor rate

$16 per hour

Steel Cost

$1.25 per pound

Prepare a flexible budget for 12,000, 15,000, and 18,000 filing cabinets for the month of October 2008, similar to Exhibit 5, assuming that inventories are not significant.