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Exercise 23.10 (Algo) Preparing a Flexible Budget (LO23-6) Outdoor Outfitters has created a flexible budget for the 70,000 -unit and the 80,000 -unit levels of

image text in transcribed Exercise 23.10 (Algo) Preparing a Flexible Budget (LO23-6) Outdoor Outfitters has created a flexible budget for the 70,000 -unit and the 80,000 -unit levels of activity. Assume that the cost of goods sold and variable operating expenses vary directly with sales and that income taxes remain at 30 percent of operating income. Required: Complete Outdoor Outfitters's flexible budget at the 92,000-unit level of activity

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