5.03 Required information [The following information applies to the questions displayed below.] The fixed budget for 21,200 units of production shows sales of $424,000; variable costs of $63,600, and fixed costs of $142,000. If the company actually produces and sells 27,000 units, calculate the flexible budget income. Sales Variable costs Contribution margin Fixed costs Income Flexible Budget Flexible Budget at Variable Amount per Unit Total Fixed Cost 21,200 units 27,000 units