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Bonita Sports selis wolleyball kits that it purchases from a sports equipment distributor. The following static budget based on sales of 2,500 kits was prepared

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Bonita Sports selis wolleyball kits that it purchases from a sports equipment distributor. The following static budget based on sales of 2,500 kits was prepared for the year. Fixed operating expenses account for 75% of total operating expenses at this level of sales. Prepare a flexible budget based on sales of 1,000, 2,820, and 3,940 units. (Round unit values to 2 decimal places es.15.25 and all other answers to 0 decimal places, eg. 1525. If operating income is negative, enter amounts using a negotive sign preceding the number e g. 45 or parentheses es. (45). Sales revenue Cost of goods sold Operating expenses Contribution margin Operating income Variable expenses Fixed expenses Total variable expenses \begin{tabular}{|lll} \hline & Unit & \\ \hline & $ & 1,000 \\ \hline \end{tabular} Unit $ 1,000 $ 2,820$3,940$

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