As part of its comprehensive planning and control system, Mopar Company uses a master budget and subsequent variance analysis. You are given the following information that pertains to the companys only product, XL-10, for the month of December.

2. Based on your completed profit report, determine the dollar amount, and label (Favorable or Unfavorable)) each of the following variances for December: (If a variance has no amount, select "None" in the corresponding dropdown cell.)

Actual results Flexible-budget variances Flexible budget Sales volume variances Unit sales 111,000 555,000 Sales $ Master (static) budget 98,000 $ 490,000 294,000 $ 196,000 86,000 $ 110,000 421,800 Variable costs Contribution margin Fixed costs Operating income $ 133,200 75,000 58,200 $ a. b. C. Total master (static) budget variance Total flexible-budget variance Sales volume variance, in terms of operating income Sales volume variance, in terms of contribution margin Selling price variance d. e