The following information is provided concerning the operations of Tolstoy Corporation for the current period:

Prepare a sales activity and a static/flexible budget for Tolstoy Corporation. (check figure: Flexible Budget profit = 12,000)-USE EXCELL SHOW ALL WORK

		Master
	Actual	Budget
Sales (units)	360	400
Sales Revenue	55,200	60,000
Manufacturing costs
Direct labor	8,520	9,000
Materials	7,200	8,400
Variable Overhead	4,920	6,000
Marketing	3,180	3,600
Administrative	3,000	3,000
Total Variable Costs	26,820	30,000
Contribution Margin	28,380	30,000
Fixed Costs
Manufacturing	2,916	3,000
Marketing	6,240	6,000
Administrative	5,976	6,000
Total Fixed Costs	15,132	15,000
Profit	13,248	15,000