13. Grand River Manufacturing has prepared the following master budget:

Find sales revenues and variable costs for a flexible budget for unit sales 5% and 10% above and below expectations.

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Sales revenue (for 60,000 units) Cost of goods sold Direct materials Direct labor $1,800,000 1,200,000 Variable overhead 660,000 Fixed overhead 490,000 Gross margin Variable operating expenses Fixed operating expenses Operating income $ 5,940,000 4,150,000 $ 1,790,000 420,000 450,000 $ 920,000