1. Garland Company expects to sell 600 wreaths in December 2018, but wants to plan for 100 more and 100 less than expected. The wreaths sell for $5.00 each and have variable costs of $2.00 each. Fixed costs are expected to be $500 for the month. Prepare a flexible budget for 500, 600, and 700 wreaths. Garland Company Flexible Budget For the Month Ended December 31, 2018 Budget Amounts per Unit Units 500 600 700