The results for March for Savery Parts follow: Actual (based on Master Budget (based actual sales...

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The results for March for Savery Parts follow: Actual (based on Master Budget (based actual sales of on budgeted sales of 14,700 units) 17,500 units) $ 263,865 $ 318,500 Sales revenues Less Variable costs Direct material Direct labor Variable overhead Marketing Administration Total variable costs Contribution margin Less Fixed costs Manufacturing Marketing 51,520 44,102 34,103 12,204 18,191 $ 160,120 $ 103,745 63,100 52,300 41,200 13,100 21,400 $ 191,100 $ 127,400 Administration 36,460 16,802 24,506 33,000 15,000 27,000 Total fixed costs $ 77,768 $ 75,000 Operating profits $ 25,977 $ 52,400 Required: Prepare a flexible budget for Savery Parts for March. Note: Do not round intermediate calculations. Sales revenue SAVERY PARTS Flexible Budget Variable costs: Direct material Direct labor Variable overhead Marketing Administration Total variable costs $ 0 Contribution margin $ 0 Fixed costs: Manufacturing Marketing Administration Total fixed costs Operating profits $ 0 $ 0 The results for March for Savery Parts follow: Actual (based on Master Budget (based actual sales of on budgeted sales of 14,700 units) 17,500 units) $ 263,865 $ 318,500 Sales revenues Less Variable costs Direct material Direct labor Variable overhead Marketing Administration Total variable costs Contribution margin Less Fixed costs Manufacturing Marketing 51,520 44,102 34,103 12,204 18,191 $ 160,120 $ 103,745 63,100 52,300 41,200 13,100 21,400 $ 191,100 $ 127,400 Administration 36,460 16,802 24,506 33,000 15,000 27,000 Total fixed costs $ 77,768 $ 75,000 Operating profits $ 25,977 $ 52,400 Required: Prepare a flexible budget for Savery Parts for March. Note: Do not round intermediate calculations. Sales revenue SAVERY PARTS Flexible Budget Variable costs: Direct material Direct labor Variable overhead Marketing Administration Total variable costs $ 0 Contribution margin $ 0 Fixed costs: Manufacturing Marketing Administration Total fixed costs Operating profits $ 0 $ 0