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) $4,968,000 Master Budget (based on budgeted orders for 480,000 units) $4,800,000 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 1,536,000 270,000 627,700 397,500 $2,831,200 $ 2, 136,800 1,536,000 336,000 576,000 408,000 $2,856,000 $1,944,000 928,500 277,000 203,000 $1,408,500 $ 728,300 900,000 277,000 180,000 $1,357,000 $ 587,000 Required: Prepare a flexible budget for Osage, Inc. (Do not round intermediate calculations.)