Crane's Creations manufactures ceramic figurines. In planning for the coming year, the budget committee is considering two different sales targets: $8,400$ figurines and $10,400$ figurines. Figurines sell for $$135$ each. The standard cost information for one figurine is as follows:Prepare a flexible budget for the two sales levels under consideration.CRANE'S CREATIONSFLEXIBLE BUDGET$8,400$ UnitsDirect materials$$30$Direct labor$34$Variable overhead$28$Variable operating costs$26$Annual expected fixed overhead costs$$6,400$Annual expected fixed operating costs$44,400$