The master budget at Cherrylawn Corporation at the beginning of the year was based on sales of 310,000 units with revenues of $3,410,000. Total variable costs were budgeted at $1,860,000 and fixed costs at $985,000. During the period, actual production and actual sales were 290,000 units. The actual revenues were $3,453,000. Actual variable costs were $13.50 per unit. Actual fixed costs were $1,015,000. Required: Prepare a flexible budget for Cherrylawn Corporation