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

There are no inventories.

Required:

Prepare a flexible budget for Odessa, Inc. (Do not round intermediate calculations.)

Master Budget Actual (based on (based on budgeted actual of 630 units) 700 units) $105,000 $97,400 Sales revenue Less Manufacturing costs Direct labor Materials Variable overhead Marketing Administrative 14,642 12,000 8,010 5,900 4,900 $45,452 $51,948 15,400 14,000 9,800 6,580 4,900 $ 50,680 $ 54,320 Total variable costs Contribution margin Fixed costs Manufacturing Marketing Administrative 4,560 9,484 9,459 $23,503 $28,445 4,700 9,100 9,500 $ 23,300 $ 31,020 Total fixed costs Operating profits