Can someon help me to figure out the flexible budget for this? If you could please explain to me how to do it so I Know? My teacher did a terrible job on explaining this!!

ABC Company Fixed & Flexible Budget Performance Report For the Month Ended January 31, 2014 Variances Fixed or Fixed Actual Flexible Actual to Variances Favorable/ Budget Variable Budget Results Actual to Favorable/ Cost 2014 2014 Fixed Budget Unfave 2014 Budget fave 4.000 5.000 sales in Dollars 80,000 103,750 23,750 Cost of goods sold 8,000 Is 9.600 Direct Materials Variable 1,600 variable S 12,000 14,500 Direct Labor 2,500 overhead Factory Supplies Variable 140 Utilities variable S 1,600 1.950 350 Depreciation Machinery Straight- ne method Fixed 4,500 4,500 Supervisory Salaries xed 6,000 Selling Expenses Variable 3,200 Sales commissions 4,000 Shipping Expenses Variab 1,200 300 General & Administrative Expenses Office Supplies Variable 480 80 Insurance Expense Fixed 800 Depreciation office equipment Straight. ne method Fixed 1.200 1.200 Administrative Salaries Fixed 7,500 LS 7,500 47,000 52,570 Total Expenses 5,570 ncome from operation 33,000 51,180 18,180