1 - The Edinburg Company produces engine parts for car manufacturers. A new accountant intern at Edinburg has accidentally deleted the calculations on the company's variance analysis calculations for the year ended December 31, 2017. The following table is what remains of the data. Performance Report Year Ended December 31, 2017 Flexible-Budget Flexible Variances Budget Actual Sales-Volume Static Variances Results 108,000 Budget 93,000 Units sold Revenues (sales) $ $ 702,000 475,000 381,300 209.250 Variable costs Contribution margin 227,000 189.950 172,050 135,000 Fixed costs $ 37,050 $ 37,050 Operating income Compute the flexible budget variance for operating income. a) 28500 b) 28000 C) 27750 27500 Bo brak