Use the following data to prepare a flexible budget for possible sales/production levels of 10,000; 11,000; and, 12,000 units.Show the contribution margin at each activity level. 
Variable costs:
Fixed costs:
Definitions:
Firm's Products
The goods and services that a company produces and offers to the market.
Technique
A particular method or way of doing something, often implying skillfulness and efficiency in performance or execution.
Enterprise Resource Planning
A type of software that organizations use to manage day-to-day business activities such as accounting, procurement, project management, and supply chain operations.
Ongoing Process
Describes a continuous operation or activity that is part of the regular functioning of a system or organization.
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