A A A E Shapes DA Sury Picture Text Box I! * AV Convert to SmartArt Arrange Quick Styles Learning Activity 4 Actual Results Static Budget Variances Static Budget Units sold 15,000 13,000 Revenue $720,000 $611,000 555,000 455,000 Variable Cost Contribution margin 165,000 156,000 Fixed Cost 85.000 82.000 $74.000 $80.000 Operating Income dd notes Notes Comments E Learning Activity 4 Static Budget (BP*BQ) Sales Volume Variance Flexible Budget (BP*AQ) Flexible Budget Variance Actual Results (AP*AQ) Units sold 13,000 15,000 15,000 Revenue $611,000 $720,000 455,000 555,000 Variable Cost 156,000 165,000 Contribution margin 85.000 Fixed Cost 82,000 82,000 $80,000 $74,000 Operating Income