Jay Draperies makes and sells curtains. Information related to its performance in $2020$ is given below:

$($Click the icon to view the data.$)$

Calculate JayDraperies' flexible budget for $($a$)$ revenues, $($b$)$ variable costs, $($c$)$ fixed costs, and $($d$)$ operating income.

Calculate Jay's flexible budget for $($a$)$ revenues. Begin by determining the formula and then solve for the amount.

Flexible budget for revenues

Calculate Jay's flexible budget for $($b$)$ variable costs. Begin by determining the formula and then solve for the amount.

Calculate Jay's flexible budget for $($c$)$ fixed costs.

Jay's flexible budget for fixed costs is

Calculate Jay's flexible budget for $($d$)$ operating income. Begin by determining the formula and then solve for the amount. $($Abbreviations used: rev $=$ revenue, $vc=$ variable costs, $fc=$ fixed costs.$)$

Data table

$\backslash$table$[[,$Actual,Budgeted$],[$Units made and sold,,$1,500,1,400],[$Selling price,,er curtain,$$200$ per curtain$],[$Variable costs,$$,162,750,$$$110$ per curtain$],[$Fixed costs,$$,75,000$$$,77,000]]$