#30 - 32 The actual information pertains to the month of September. As a part of the budgeting process, Twilith Fencing Company developed the following static budget for September. Twilith is in the process of preparing the flexible budget and understanding the results. Actual Flexible Static Results Budget Budget Sales volume (in units) 12,000 15,000 Sales revenues $600,000 Variable costs 307,200 $ $ $750,000 360,000 Contribution margin 292,800 $ 390,000 Fixed costs 274,800 $ Operating profit $ 18,000 $ 270,000 $ 120,000