Exercise 16-26 (Algo) Flexible Budgeting (LO 16-2) The master budget at Cherrylawn Corporation at the beginning of the year was based on sales of 370,000 units with revenues of $3,330,000. Total variable costs were budgeted at $1,850,000 and fixed costs at $1,045,000. During the period, actual production and actual sales were 350,000 units. The actual revenues were $3,471,000. Actual variable costs were $25.50 per unit. Actual fixed costs were $1,075,000. Required: Prepare a flexible budget for Cherrylawn Corporation