Zip-Up Company Provides the Following Data Developed for Its Master

Zip-up Company provides the following data developed for its master budget: $\begin{array} { l l } \text { Sales price } \ldots \ldots \ldots \ldots \ldots \ldots \ldots \ldots \ldots & \$ 11.00 \text { per unit } \\\text { Costs: } & \\\text { Direct materials } \ldots \ldots \ldots \ldots \ldots \ldots \ldots & \$ 3.00 \text { per unit } \\\text { Direct labor } \ldots \ldots \ldots \ldots \ldots \ldots \ldots \ldots & \$ 4.75 \text { per unit } \\\text { Variable overhead } \ldots \ldots \ldots \ldots \ldots \ldots & \$ 0.50 \text { per unit } \\\text { Factory depreciation } \ldots \ldots \ldots \ldots \ldots & \$ 12,000 \text { per month } \\\text { Supervision } \ldots \ldots \ldots \ldots \ldots \ldots \ldots \ldots & \$ 13,000 \text { per month } \\\text { Selling expense } \ldots \ldots \ldots \ldots \ldots \ldots \ldots & \$ 0.25 \text { per unit } \\\text { Administrative cost } \ldots \ldots \ldots \ldots \ldots \ldots . & \$ 9,000 \text { per month }\end{array}$ Required:


Prepare flexible budgets for sales of 20,000, 22,000 and 24,000 units. Use a contribution margin format.