Required information Use the following information for the Quick Study below. (Algo) [The following information applies to the questions displayed below.] The fixed budget for 20,300 units of production shows sales of $507,500; variable costs of $60,900; and fixed costs of $144,000. QS 8-3 (Algo) Flexible budget income calculation LO P1 If the company actually produces and sells 26,500 units, calculate the flexible budget income. ......Flexible Budget------ ......Flexible Budget at Variable Amount per Unit Total Fixed Cost 20,300 units 26,500 units Contribution margin Fixed costs Income Sales Variable costs