Osage, Inc., manufactures and sells lamps. The company produces only when it receives orders and, therefore, has no inventories. The following information is available for the current month: Sales revenue Less Variable costs Materials Direct labor Variable overhead Variable marketing and administrative Total variable costs Contribution margin Less Fixed costs Manufacturing overhead Marketing Administrative Total fixed costs Operating profits Actual (based on actual orders for 450,000 units) $4,490,000 Master Budget (based on budgeted orders for 480,000 units) $4,320,000 674,900 1,440,000 249,000 1,440,000 312,000 624,000 468,000 480,000 $2,831,900 $2,856,000 $1,658,100 $1,464,000 918,100 279,000 890,000 279,000 196,000 173,000 $1,393,100 $1,342,000 $ 265,000 $ 122,000 Required: Prepare a flexible budget for Osage, Inc. (Do not round intermediate calculations.)