Odessa, Inc., reports the following information concerning operations for the most recent month:

	Actual (based on actual of 630 units)						Master Budget (based on budgeted 700 units)
Sales revenue		$	111,400					$	119,000
Less
Manufacturing costs
Direct labor			15,320						16,100
Materials			14,890						16,800
Variable overhead			9,410						11,200
Marketing			6,046						6,720
Administrative			5,600						5,600
Total variable costs		$	51,266					$	56,420
Contribution margin		$	60,134					$	62,580
Fixed costs
Manufacturing			4,350						4,500
Marketing			9,888						9,500
Administrative			9,255						9,300
Total fixed costs		$	23,493					$	23,300
Operating profits		$	36,641					$	39,280

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