Crash Bikes operates a bike shop in downtown St. Petersburg, FL. Currently, the shop only sells one bike, a racing bike called the Zoom-Zoom Go Fast ("Zoom-Zoom" or "ZZ"). Information related to Crash and the Zoom-Zoom are as follows:

Selling price $1,000

Variable costs $650

Crash hand-builds every bike out of exceptional parts (e.g., tires, gears, and carbon fiber frames) by experienced technicians to ensure the highest quality for their customers. Crash has been in business for 5 years and has decided to produce a budget for the first time ever. Crash believes this information will help him focus his attention on areas that may need improvement, help him control costs, and better understand the impacts of business decisions such as price setting and procuring parts and supplies. Additionally, Crash is hoping to expand into a new location next year and would like the actual and budget data to help him understand the possible risks and rewards of a second location.

what is an example of the static budget for Crash assuming the following:

a. Budgeted Sales Price of $1,000 per Zoom-Zoom

b. Budgeted DM of $400 per Zoom-Zoom

c. Budgeted DL of $100 per Zoom-Zoom

d. Budgeted Variable OH of $100 per Zoom-Zoom

e. Budgeted Variable SGA of $50 per Zoom-Zoom

f. Fixed OH is $60,000 per year

g. Fixed SGA is $40,000 per year

h. The owner, Crash, estimates that sales for the year will be 500 Zoom-Zooms