1. Green Company expects to sell 1,300 wreaths in December 2018, but wants to plan for 50 more and 175 less than expected. The wreaths sell for $9.00 each and have variable costs of $4.00 each. Fixed costs are expected to be $700 for the month Prepare a flexible budget for 1,125, 1,300, and 1,350 wreaths Green Company Flexible Budget For the Month Ended December 31, 2018 Budget Amounts per Unit 1.125 9 10125 4 4500 5625 1.300 1.390 12150 Units Sales Revenue Variable Costs Contribution Margin 11700 5200 6500 Fored Costs 700 6750 700 700 58006050 4925 Operating Income