ErgoNow sells its main product, ergonomic mouse pads, for $14 each. Its variable cost is $8 per pad. Fixed expenses are $180,000 per month for volumes up to 70,000 pads. Above 70,000 pads, monthly fixed expenses are $280,000. Requirement Prepare a monthly flexible budget for the product, showing sales revenue, variable expenses, fixed expenses, and operating income or loss for volume levels of 50,000, 60,000, and 80,000 pads. Complete the monthly flexible budget below. (Enter flexible budget per output unit to the nearest cent. Enter all other amounts to the nearest dollar.) ErgoNow Monthly Flexible Budget Output Units (Mouse Pads) Flexible Budget per Output Unit 60,000 Sales revenue Variable expenses Fixed expenses Total expenses Operating income (loss) 50,000 80,000