1. Green Company expects to sell 500 wreaths in December 2018, but wants to plan for 150 more and 100 less than expected. The wreaths sell for $9.00 each and have variable costs of $6.00 each. Fixed costs are expected to be $100 for the month. Prepare a flexible budget for 400, 500, and 650 wreaths. Green Company Flexible Budget For the Month Ended December 31, 2018 Budget Amounts Units Contribution Margin Fixed Costs Operating Income Sales Revenue Variable Costs per Unit 400 500 650