17. Greenlee Company has prepared the following flexible budget for its expected sales and for sales 15% and 30% above and below expectations.

Calculate subtotals and total operating income

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Expected 30% below 15% below 15% above 30% above Units 120,000 84,000 102,000 138,000 156,000 Revenue $11,640,000 $8,148,000 $9,894,000 $13,386,000 $15,132,000 COGS: DM 2,280,000 1,596,000 1,938,000 2,622,000 2,964,000 DL 2,280,000 1,596,000 1,938,000 2,622,000 2,964,000 VOh 3,480,000 2,436,000 2,958,000 4,002,000 4,524,000 FOh 360.000 360,000 360,000 360,000 360.000 Total: GM Var. op. 2,040,000 Fixed op. 1,428,000 1,734,000 610,000 610,000 610,000 2,346,000 2,652,000 610,000 610,000 Income