5. The selling and administrative expense budget of Ruffing Corporation is based on budgeted unit sales, which are 4,800 units for February. The variable selling and administrative expense is $8.10 per unit. The budgeted fixed selling and administrative expense is $71,520 per month, which includes depreciation of $20,800 per month. The remainder of the fixed selling and administrative expense represents current cash flows. The cash disbursements for selling and administrative expenses on the February selling and administrative expense budget should be:

If Archer actually incurred the following costs during May 2016:

Sales Revenue $86,000

Variable Costs 37,625

Contribution Margin $48,375

Fixed Costs 22,200

Net Income $26,175

What is the flexible budget variance for: indicate favorable / unfavorable for full credit

(a) Fixed costs:__________________________

(b) Variable costs:_________________________ What is the Sales price variance: ____________________________