Zoar Draperies makes and sells curtains. Information related to its performance in $2020$ is given below:

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Calculate Zoar Draperies' flexible budget for $($a$)$ revenues, $($b$)$ variable costs, $($c$)$ fixed costs, and $($d$)$ operating income.

Calculate Zoar's flexible budget for $($a$)$ revenues. Begin by determining the formula and then solve for the amount.

$|=$ Flexible budget for revenues

$=$

Calculate Zoar's flexible budget for $($b$)$ variable costs. Begin by determining the formula and then solve for the amount.

Calculate Zoar's flexible budget for $($c$)$ fixed costs.

Zoar's flexible budget for fixed costs is

Calculate Zoar's flexible budget for $($d$)$ operating income. Begin by determining the formula and then solve for the amount. $($Abbreviations used: rev $=$reve

$ue,$ vc $=$ variable costs, fc $=$ fixed costs.$)$

$=$

Flexible budget for

operating income