Question 1 Margie's Creations manufactures ceramic figurines. In planning for the coming year, the budget committee is considering three different sales targets: 5,900 figurines, 6,900 figurines, and 7,900 figurines. Figurines sell for $38 each. The standard cost information for one figurine is as follows: Direct materials Direct labor Variable overhead Variable operating costs $6 $10 $4 $2 Annual expected fixed overhead cost $3,770 Annual expected fixed operating costs $40,200 Prepare a flexible budget for the three sales levels under consideration. 5,900 Units 6,900 Units 7,900 Units Click if you would like to Show Work for this question: Open Show Work