Problem 16-55 (Algo) Prepare Flexible Budget (LO 16-2) 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.) \begin{tabular}{|c|c|} \hline \multicolumn{2}{|c|}{ ODESSA, INC. } \\ \hline \multicolumn{2}{|c|}{ Flexible Budget } \\ \hline Sales revenue & \\ \hline Variable costs: & \\ \hline Manufacturing costs: & \\ \hline Direct labor & \\ \hline Materials & \\ \hline Variable overhead & \\ \hline Marketing & $ \\ \hline Administrative & \\ \hline Total variable costs & $ \\ \hline Contribution margin & $ \\ \hline Fixed costs: & \\ \hline Manufacturing & 0 \\ \hline Marketing & \\ \hline Administrative & \\ \hline Total fixed costs & \\ \hline Operating profits & \\ \hline \end{tabular}