Nirali, excellent post on the flexible budget. Nirali, given the following information about The Patel Lapel Company can you construct the flexible budget for this period? Professor Senn The following information is available for The Patel Lapel Company for the month of October Actual Master Budget 3,900 3,200 Units $ 54,700 $60,000 Sales revenue 10,700 16,000 Variable manufacturing costs 12,600 13,400 Fixed manufacturing costs 7.200 8,000 Variable selling and administrative expenses 8,600 10.250 Fixed selling and administrative expenses