A new accounting intern at Gibson Corporation lost the only copy of this period's master budget. The CFO wants to evaluate performance for this period but needs the master budget to do so. Actual results for the period follow $ 250,000 units 1.400.000 Sales volume Sales revenue Variable costs Manufacturing Marketing and administrative 308,000 120.000 $ 968,000 Contribution margin Fixed costs Manufacturing Marketing and administrative Operating profit 386,000 223.750 $ 356,250 The company planned to produce and sell 202.500 units for $5.00 each. At that volume, the contribution margin would have been $708.750. Variable marketing and administrative costs are budgeted at 10 percent of sales revenue. Manufacturing fixed costs are estimated at $2.00 per unit at the normal volume of 202,500 units. Management notes. "We budget an operating profit of $1.00 per unit at the normal volume." Required: (a) Construct the master budget for the period. (Do not round your intermediate calculations. Round your answers to the nearest dollar amount.) GIBSON CORPORATION Master Budget Sales volume units Sales revenue Variable costs: Manufacturing Marketing and administrative Contribution margin Fixed costs: Manufacturing Marketing and administrative Operating profit