Adarmes Adventures manufactures aluminum canoes. In planning for the coming year, CFO Alexis King is considering three different sales targets: $1,000$ canoes, $1,500$ canoes, and $2,000$ canoes. Canoes sell for $$650$ each. The standard variable cost information for a canoe is as follows.

Direct materials

$$225$

Direct labor

$110$

Variable overhead

$$

Utilities

$15$

Indirect material

$45$

Indirect labor

$30$

Total

$$425$

Annual fixed overhead cost is expected to be:

Maintenance

$$45,000$

Depreciation

$36,000$

Insurance

$28,000$

Rent

$57,000$

Total

$$166,000$

Required

Prepare a flexible budget for the three sales levels under consideration.