mheducation.com/ext/map/index.html?_con=con&external browser=0&launchUrl=https%253A%252F%252Flearn.liberty.edu%252Fwebapps%252Fportal%2... *80 Saved Help Save & CH Osage, Inc., manufactures and sells lamps. The company produces only when it receives orders and therefore, has no inventories. The following information is available for the current month: Actual (based on actual orders for 450,000 units) $4,491,600 Master Budget (based on budgeted orders for 480,000 units) $4,320,000 Sales revenue Less Variable costs Materials Direct labor Variable overhead Variable marketing and administrative Total variable costs Contribution margin Less Fixed costs Manufacturing overhead Marketing Administrative Total fixed costs Operating profits 1,536,000 245,000 530,300 468,000 $2,779,300 $1.711 700 1,536,000 312,000 480,000 480,000 $2,800,000 $1,512,600 978,400 287,000 202,000 $1,467,400 $ 244,300 950,000 287,000 179,000 $1,416,000 $ 96,000 Required: Prepare a flexible budget for Osage, Inc. (Do not round intermediate calculations.) Search 0 1 a Saved Required: Prepare a flexible budget for Osage, Inc. (Do not round intermediate ce OSAGE, INC. Flexible Budget Sales revenue Variable costs Materials Direct labor Variable overhead Variable marketing and administrative Total variable costs Contribution margin Fixed costs Manufacturing overhead Marketing Administrative Total fixed costs Operating profit (loss)