Odessa, Inc., reports the following information concerning operations for the most recent month Master Budget (based on Actual (based on actual of 540 units) budgeted 600 units) $88,320 Sales revenue Less Manufacturing costs 14,400 13.440 9,600 5,760 4,800 $48,000 $48,000 Direct labor Materials Variable overhead Marketing Administrative 13,632 11.520 7,872 5,088 4,800 $42,912 $45,408 Total variable costs Contribution margin Fixed costs 4,800 9,600 9,600 $24,000 $24,000 Manufacturing Marketing Administrative 4,665 9,984 9,561 $24,210 $21,198 Total fixed costs Operating profits 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