geNOWv2 | Online teachin x + eAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false its budget. Use this information to prepare a flexible budget for 80,000 and 90,000 units of sales. Sales Cost of Goods Sold Flexible Budget 100,000 80,000 90,000 $3,490,000 Direct Material $900,000 Direct Labor 1,000,000 Variable Manufacturing Overhead 240,000 Fixed Manufacturing Overhead 70,000 Cost of Goods Sold $2,210,000 Gross Profit $1,280,000 Variable Sales and Administrative Expenses 100,000 Fixed Sales and Administrative Expenses 950,000 Income Before Taxes" $230,000 Taxes 69,000 Net Income/Loss $161,000 uses remaining All work saved.