Odessa, Inc., reports the following information concering operations for the most recent month: Actual (based on Master Budget (based actual of 675 units) on budgeted 750 units) Sales revenue $ 119,860 $ 127,500 Less Manufacturing costs Direct labor 15, 744 16,500 Materials 16,760 18,750 Variable 11,700 13,500 overhead Marketing 6,737 7,425 Administrative 5,250 5, 250 Total variable $ 56, 191 $ 61, 425 costs Contribution $ 63, 669 $ 66,075 margin Fixed costs Manufacturing 4,555 4,700 Marketing 9, 382 9,000 Administrative 9, 655 9,700 Total fixed costs $ 23,592 $ 23, 400 Operating profits $ 40,077 $ 42,675 There are no inventories. Required: Prepare a flexible budget for Odessa, Inc. (Do not round intermediate calculations) ODESSA, INC. Flexible Budget Sales revenue Variable costs Manufacturing costs Direct labor Materials Variable overhead Marketing Administrative Total variable costs Contribution margin Fixed costs Manufacturing Marketing Administrative Total fixed costs Operating profits