Caribbean Company's fixed budget (based on 12,500 units) for the first quarter of the calendar year 2019 reveals the following information shown below. Adjust a flexible budget that shows the variable cost per unit, fixed costs, three different variable costs, and three different budgets for sales volumes of 10,000, 12,500 and 15,000.

Fixed Budget

Sales 12,500 Units $3,000,000

Cost of Goods Sold

Direct Materials $320,000

Direct Labor $480,000

Production Supplies $180,000

Plant manager Salary $60,000 $1,040,000

Gross Profit $1,960,000

Selling Expenses

Sales Commissions $150,000

Packaging $160,000

Advertising $120,000

Administrative Expenses

Administrative Salaries $100,000

Depreciation-Office Equipment $40,000

Insurance $35,000

Office Rent $45,000 $220,000

Income From Operations $1,310,000