Exercise $16-23($Algo$)$ Flexible Budgeting $($LO $16-2)$

The master budget at Monroe Manufacturing last period called for sales of $42,900$ units at $$51$ each. The costs were

estimated to be $$35$ variable per unit and $$533,000$ fixed. During the period, actual production and actual sales were

$45,900$ units. The selling price was $$50$ per unit. Variable costs were $$37$ per unit. Actual fixed costs were $$524,000.$

Required:

Prepare a flexible budget for Monroe Manufacturing.