Adarmes Adventures manufactures aluminum canoes. In planning for the coming year, CFO Alexis King is considering three different sales targets: 1,000 canoes, 1,500 canoes, and 2,000 canoes. Cairo. sell for $650 each. TM standard variable cost information for a canoe is as follows.

Direct materials	$225
Direct labor	110
Variable overhead
Ulilities	15
Indirect material	45
Indirect labor	30
Total	$425
Annual fixed overhead cost Is expected to be:
Maintenance	$ 45,000
Depreciation	36,000
Insurance	28,000
Rent	57,000
Total	$166,000

Required

Prepare a flexible budget for the three sales levels under consideration.