Fournier Fixtures produces a variety of manufactured items for the home and building industry. The company produces only when it receives orders and, therefore, has no inventories. The following information is available for the current month: Actual (based on actual orders for 394,800 units) $ 7,501,200 Master Budget (based on budgeted orders for 352,500 units) $ 7,050,000 Sales revenue Less Variable costs Materials Direct labor Variable overhead Variable marketing and administrative Total variable costs Contribution margin Less Fixed costs Manufacturing overhead Marketing Administrative Total fixed costs Operating profits Required: Prepare a flexible budget for Fournier Fixtures. Note: Do not round intermediate calculations. 2,605,800 231,000 1,184,800 862,000 $ 4,883,600 $ 2,617,600 2,315,000 211,000 1,054,000 772,000 $ 4,352,000 $ 2,698,000 1,569,000 485,200 309,000 $ 2,363,200 1,590,000 470,000 335,000 $ 2,395,000 $ 254,400 $ 303,000 Sales revenue Variable costs: Materials Direct labor Variable overhead Fournier Fixtures Flexible Budget Variable marketing and administrative Total variable costs $ 0 Contribution margin $ 0 Fixed costs: Manufacturing overhead Marketing Administrative Total fixed costs Operating profit $ 0 $ 0