Assume that in June Schmidt lil'lachiner',r ISompant.r [Exhibit 14.1] manufactured and sold 990 units for $?05eacn. During this month the compan',r incurred $415,800 total variable expenses and $180,400 total fixed expenses. Required torthe Morrtliofdune: 1. Prepare a exible budgettor the production and sale oft] units. Answer is complete but not entirely mrrect Units sold | 5: Sales Centrallion margin 415 345,500 | Fixed expenses :' .n-_ '- _Eudr_1_e1ed operating, income J15 2. Compute torJune: a. The sales volume variance: in terms otoperating income. b. The sales volume variance, in terms of contribution margin. {Donot roll-rid intermediate calculations. Round your first answers to nearest whole dollar amount} Am is complete and correct .Dperaijng income :5 3,5 Untaverahte lContrioutionmargin i$ BWllhiavoraote J 3. Calculate for June: {Do not round intermediate calculations. Round your tidalanswers to nearest mole dollar amount} Amer is complete but not entirely curred lThe total xed cost exible-lo udgeHFB} varian oe IThe selling price variance Ema\" 14-1 SGHMIII'I' MACHINE" comm omparison of Actual and Analysis ofoadingl odgeiod Operating Income For October 2015 {I} {2] Actual Operating Income Hater {Static} Budge! Variances Units 780 Sales $839,500 Variable costs 350.950 Contribution margin $283,650 Fixed costs 160W Operana income 8128M - U (Landau ammo effecmn operalingiooom ' *Fdonoles afavamble effectual: quoting income. ' \"Actual xed Emory ominld cost = 513035502 aclu xed sclJing and adminimtiw cost = . I" _._I luv: .Igt.| Ill-III.-"..r Iv_I_-. 1. A. I. I'n-in-J ..-.1 I. L