A company's flexible budget for 30,000 units of production showed sales of $90,000, variable costs of $36,000, and fixed costs of $23,000. Prepare a flexible budget for 25,000 units assuming it is within the same relevant range of production. Use a contribution margin format You must show how you calculated each number for credit. Use the template below. Check: Operating income should be greater than $20,000.

Sales $

Variable costs $

Contribution margin $

Fixed costs $

Operating income $