6 Not checked Marked out of 10.00 Not flaggedFlag question Question text Take me to the text Using the following information, calculate the static budget, flexible budget and sales-volume variances: Actual Budget Total Revenue $644,000 $1,091,200 Total Food Cost $110,000 $88,000 Total Variable Labor $56,000 $76,000 Total Fixed Costs $180,000 $180,000 Guests Served 245,000 guests 244,000 guests Do not enter dollar signs or commas in the input boxes. Round all answers to 2 decimal places. Enter all variances as positive values. Actual Operating Income: $Answer 298000 Budgeted Operating Income: $Answer 747200 Budgeted CM per guest: $Answer 3.80 Flexible Budget Operating Income: $Answer Static-budget Variance: $Answer Answer Unfavourable Flexible Budget Variance: $Answer Answer Unfavourable Sales-volume Variance: $Answer Answer Favourable