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: 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. Sales revenue Variable costs: Materials Direct labor Variable overhead Fournier Fixtures Flexible Budget Master Budget (based on Actual (based on budgeted orders actual orders for for 357,500 400,400 units) units) $ 7,607,600 $ 7,150,000 2,617,400 233,000 1,194,400 866,000 4,910,800 $ $ 2,696,800 1,587,000 505,600 327,000 $ 2,419,600 $ 277,200 2,325,000 213,000 1,062,000 776,000 $4,376,000 $ 2,774,000 1,610,000 490,000 355,000 $ 2,455,000 $319,000

Fournier Fixtures produces a variety of manufactured items for the home and buliding industry. The company produces only when it receives orders and, therefore, has no inventories. The following information is available for the current month: Required: Prepare a flexible budget for Fournier Fixtures. Note: Do not round intermediate calculations. Fournier Fixtures Flexible Budget Sales revenue \begin{tabular}{|l|l|} \hline Variable costs: & \\ \hline Materials & \\ \hline Direct labor & \\ \hline Variable overhead \\ \hline Variable marketing and administrative & \\ \hline Total variable costs & \\ \hline Contribution margin & \\ \hline Fixed costs: & \\ \hline Manufacturing overhead & \\ \hline Marketing & \\ \hline Administrative & \\ \hline Total fixed costs & \\ \hline Operating profit & \\ \hline \end{tabular}