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Nottingham Forest Products reports the following information concerning operations for the most recent month: ...

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Accounting

Nottingham Forest Products reports the following information concerning operations for the most recent month:

Actual (based on actual sales of 5,340 units) Master Budget (based on budgeted sales of 4,450 units)
Sales revenue $ 255,700 $ 209,150
Less
Manufacturing costs
Direct labor 50,482 39,180
Materials 31,700 27,380
Variable overhead 16,788 13,280
Marketing 7,985 6,380
Administrative 7,395 6,680
Total variable costs $ 114,350 $ 92,900
Contribution margin $ 141,350 $ 116,250
Fixed costs
Manufacturing 39,200 37,580
Marketing 15,040 12,380
Administrative 9,780 10,580
Total fixed costs $ 64,020 $ 60,540
Operating profits $ 77,330 $ 55,710

There are no inventories.

Required:

Prepare a flexible budget for Nottingham Forest Products.

Note: Do not round intermediate calculations.

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