Bonita Sports sells volleyball kits that it purchases from a sports equipment distributor. The following static budget based on sales of 2,000 kits was prepared for the year. Fixed operating expenses account for 80% of total operating expenses at this level of sales.

Sales Revenue		$	100,270
Cost of goods sold (all variable)			60,200
Gross margin			40,070
Operating expenses			35,230
Operating income		$	4,840

Prepare a flexible budget based on sales of 1,456, 2,620, and 3,990 units. (Round unit values to 2 decimal places e.g. 15.25 and all other answers to 0 decimal places, e.g. 1525. If operating income is negative, enter amounts using a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

								Unit		1,456		2,620		3,990
Sales revenue								$50.14		$72,996.56		$131,353.70		$200,038.65
Less variable expenses								-		-		-		-
Cost of goods sold										43835.60		78,862		120,099
Operating expenses
Total variable expenses								$
Contribution margin								$
Fixed expenses
Operating income