Current Attempt in Progress Margie's Creations manufactures ceramic figurines. In planning for the coming year, the budget committee is considering two different sales targets: 6,000 figurines and 8,000 figurines. Figurines sell for $39 each. The standard cost information for one figurine is as follows: Direct materials Direct labor $6 10 Variable overhead 4 Variable operating costs 2 Annual expected fixed overhead costs $4,000 Annual expected fixed operating costs 42,000 Operating Income/Loss Variable Gross Profit/Loss Operating Costs Contribution Margin Cost of Goods Sold Selling Expense Fixed Revenue Administrative Expenses Income Tax Expense Income Before Taxes MARGIE'S CREATIONS FLEXIBLE BUDGET 6,000 Units $ 8,000 Units $ 6,000 Units $ 8,000 Units $ $ $