Assessment 4 Part 4: Prepare Flexible Budget Scenario: Oak Grove, Inc., reports the following information concerning operations for the most recent month. There are no inventories. Actual (based on actual of Master Budget (based on 1080 units) budgeted 1,200 units) Sales revenue $176,640 $192,000 7 Less manufacturing costs B Direct labor 27,264 28,800 9 Materials 23,040 26,880 mo Variable overhead 15,744 19,200 11 Marketing 10,076 11,520 12 Administrative 9,600 9.600 13 Total variable costs $85,824 $96,000 14 Contribution margin $90.816 $96,000 15 Fixed costs 16 Manufacturing 9,380 9,600 19,968 19,200 17 Marketing 18 Administrative 19.122 19,200 19 Total fixed costs $.48,420 $48,000 $ 42,396 $48,000 20 Operating profits