There are no inventories. Required: Prepare a flexible budget for Nottingham Forest Products. Note: Do not round intermediate calculations. NOTTINGHAM FOREST PRODUCTS \begin{tabular}{|c|c|} \hline \multicolumn{2}{|c|}{ Flexible Budget } \\ \hline Sales revenue & \\ \hline Variable costs: & \\ \hline Manufacturing costs: & \\ \hline Direct labor & \\ \hline Materials & \\ \hline Variable overhead & \\ \hline Marketing & $ \\ \hline Administrative & $ \\ \hline Total variable costs & \\ \hline Contribution margin & \\ \hline Less fixed costs: & \\ \hline Manufacturing & $ \\ \hline Marketing & $ \\ \hline Administrative & 0 \\ \hline Total fixed costs & \\ \hline Operating profit & \\ \hline \end{tabular}