Margie's Creations manufactures ceramic figurins. In planning for the coming year, the budget committee is considering three different sales targets: 6,000 figurines, 7,100 figurines, and 8,200 figurines. Figurines sell for $36 each. The standard cost information for one figurine is as follows:
Direct materials.............................................$6
Direct labor...................................................$9
Variable overhead..........................................$4
Variable operating costs...................................$2
Annual expected fixed overhead cost.............$4,060
Annual expected fixed operating cost...........$44,400
Prepare a flexible budget for the three sales levels under consideration.