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10. 00 points Problem 16-50 Prepare Flexible Budget (LO 16-2) Odessa, Inc., reports the following information concerning operations for the most recent month: Master Budget

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10. 00 points Problem 16-50 Prepare Flexible Budget (LO 16-2) Odessa, Inc., reports the following information concerning operations for the most recent month: Master Budget Actual (based on based on budgeted actual of 630 units) 700 units) 126,000 Sales revenue Less $118,360 Manufacturing costs Direct labor Materials Variable overhead Marketing Administrative 13,922 15,160 9,470 6,040 14,700 17,150 11,200 6,720 50,192 68,168 Total variable costs Contribution margin Fixed costs Manufacturing Marketing 4,650 9,390 9,562 4,800 9,000 Administrative S 23,400 $47,230 Total fixed costs Operating profits $ 44,566 There are no inventories Required Prepare a flexible budget for Odessa, Inc. (Do not round intermediate calculations.)

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