Vaughn Entertainment Corporation prepared a master budget for the month of November that was based on sales of 199,300 board games. The budgeted income statement for the period is as follows. Sales Revenue Variable expenses Direct materials Direct labor Variable overhead Total variable expenses Contribution margin Fixed overhead Fixed selling and administrative expenses Total fixed expenses Operating income $936,710 358,740 577,970 232,000 442,000 $2,989,500 1,873,420 1,116,080 674,000 $442,080 During November, Vaughn produced and sold 153,600 board games. Actual results for the month are as follows. Sales Revenue Variable expenses Direct materials Direct labor Variable overhead Total variable expenses Contribution margin Fixed overhead Fixed selling and administrative expenses Total fixed expenses Operating income $709,320 261,580 434,540 219,000 457,000 $2,202,000 1,405,440 796,560 676,000 $120,560 (a) Prepare a flexible budget for November. (Round unit answers to 2 decimal places, e.g. 5.25 & all other answers to O decimal places, e.g. 125.)