lEreen'urille Company estimates sales of 12,000 units for the upcoming period. At this sales volume its budgeted income is as follows: Per Unit Total Sales $60 $720,000 Less variable costs: Manufacturing costs 30 360,000 Selling and administrative costs 120,000 Contribution margin $20 $240,000 Less xed costs: Manufacturing costs 75,000 Selling and administrative costs 125,000 Net income $40,000 During the period the company actually produced and sold 13,000 units. Required: Prepare flexible budget based on 13,000 units