QUESTION Inalysis using monthly data. Delow is flexible budent prepared Chapter 23 Workout Question Part packer Plastics makes a specialized plastic molded baby boy company accountares have started a by one of the company accountants for May based on 145.000 chanso Packer Plastics - May Flexible Budget Sales Revenue $4,205,000 Variable Costs Direct Materials 5906250 Direct Labor $1,087,500 Var Man Overhead $1740 000 Contribution Margin $471,250 Fixed Costs $250,000 Profit $221.250 Machine hours are the chosen cost driven to allocated variable manufacturing overhead costs. Below the following standard cont card is also provided Cost Type Direct Materials Direct Labor Var Man Overhead Standard Usage 125 lbs of plastic per unit 222 1 0 MH per unit Standard Price 222 $15 per DL hour $12 per machine hour You also know the following information regarding actual performance during May The company purchased 183.500 lbs of plastic for $825.750. Raw materials inventory levels did not change during the month 70.000 actual direct labors were used in production Assume budgeted sales were expected to be 150,000 units in May, what was the budgeted pre-tax profit on May's PLANNING budget? (Hint: recreate the planning budget for May to find the budgeted profit for 150.000 units). Thick Save and Submit to save and submit. Click Save All Anser fo r