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:

	Actual (based on actual orders for 450,000 units)						Master Budget (based on budgeted orders for 480,000 units)
Sales revenue		$	4,488,000					$	4,320,000
Less
Variable costs
Materials			1,680,000						1,680,000
Direct labor			226,000						288,000
Variable overhead			626,900						576,000
Variable marketing and administrative			394,500						408,000
Total variable costs		$	2,927,400					$	2,952,000
Contribution margin		$	1,560,600					$	1,368,000
Less
Fixed costs
Manufacturing overhead			923,400						895,000
Marketing			288,000						288,000
Administrative			198,000						176,000
Total fixed costs		$	1,409,400					$	1,359,000
Operating profits		$	151,200					$	9,000

Required:

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