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S23-2 Preparing flexible budgets Daje, Inc., manufactures travel locks. The budgeted selling price is $19 per lock, the variable cost is 59 per lock, and

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S23-2 Preparing flexible budgets Daje, Inc., manufactures travel locks. The budgeted selling price is $19 per lock, the variable cost is 59 per lock, and budgeted fixed costs are $15,000 per month. Prepare a flexible budget for output levels of 8,000 locks and 9,000 locks for the month ended April 30, 2016. (Use the format shown below) DAJE, INC. Flexible Budget For the Month Ended April 30, 2016 Budget Amounts Per Unit Units 8,000 Sales Revenue Variable Costs Contribution Margin Fixed Costs Operating Income 9,000

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