Q2> Prepare the flexible budget of Rick's hairstyling using contribution I/S! Flexible Budget Contribution I/S For the Month Ended March 31 Revenue/Cost Flexible Formulas Budget Number of client-visits (Q) 1, 100 Revenue ($180Q) Total Variable costs: (42.9Q) Wages and salaries ( $37Q) hairstyling supplies ($1.50) Client Gratuities ($4.1Q) Electricity ($0.1Q).. . . Contribution Margin Total Fixed Costs ($120,300) Wages and salaries ($65,000) Rent ($28,500) Net operating income