465,000 604,500 248,000 116,250 $1,240,000 $ 568,000 568,000 403,000 $269,000$ $165,000 Calculate and label all flexible budget variances and sales activity variances, indicating an amount and sign for each. Kimberly Corporation started the year expecting to produce and sell 142,000 units of its super-insulating coffee mugs, but it ended the year having produced and sold even more than that-155,000 units. Needless to say, owners Eli and his sister Anna were thrilled to have exceeded sales goals for the year. By the end of the third quarter, results looked promising. They were even more excited to see the final year-end financial statements and share the great news with their crew. The actual results, along with the original master budget for the year, are as follows