AP-5B LO 2 Fill in the blank cells. Actual Flexible Budget Flexible Sales-Volume Variance Budget Variance Static Budget Revenue $325,000 $12,500 U Variable Costs 61,315 62,250 Contribution Margin 257,500 18,685 U 11,565 U 287,750 Fixed Costs N/A 127,500 N/A Operating Income 130,000 18,685 U 11,565 U 160,250 Units Produced and Sold 9,250 9,100 188Flexible Budgeting and Variance Analysis Chapter 1' AP-GB Hotel Lady MacDonald budgeted to sell 3,000 rooms for 5200 each in March. It actuallyr sold 3,100 rooms at an average rate of $190. Calculate the following gures. Required a] Static budget revenue b} Flexible budget revenue c} Actual revenue d] Flexible budget variance e} Salesvolume variance