1. Wreath Company expects to sell 1,000 wreaths in December 2024, but wants to plan for 200 more and 50 less than expected. The wreaths sell for $9.00 each and have variable costs of $4.00 each. Fixed costs are expected to be $1,500 for the month. Prepare a flexible budget for 950, 1,000, and 1,200 wreaths. Units Sales Revenue Variable Costs Contribution Margin Fixed Costs Operating Income *** Wreath Company Flexible Budget For the Month Ended December 31, 2024 Budget Amounts per Unit 950 1,000 1,200

1. Wreath Company expects to sell 1,000 wreaths in December 2024, but wants to plan for 200 more and 50 less than expected The wreaths sell for $900 each and have variable costs of $400 each. Fixed costs are expected to be $1,500 for the month. Prepare a flexible budget for 950,1,000, and 1,200 wreaths