Barnes Entertainment Corporation prepared a master budget for the month of November that was based on sales of 156,900 board games. The budgeted income statement for the period is as follows.

Sales Revenue	$2,353,500
Variable expenses
Direct materials	$706,050
Direct labor	313,800
Variable overhead	470,700
Total variable expenses	1,490,550
Contribution margin	862,950
Fixed overhead	258,300
Fixed selling and administrative expenses	508,500
Total fixed expenses	766,800
Operating income	$96,150

During November, Barnes produced and sold 199,200 board games. Actual results for the month are as follows.

Sales Revenue	$2,976,700
Variable expenses
Direct materials	$884,200
Direct labor	412,200
Variable overhead	608,300
Total variable expenses	1,904,700
Contribution margin	1,072,000
Fixed overhead	275,000
Fixed selling and administrative expenses	508,500
Total fixed expenses	783,500
Operating income	$288,500

Based on the available information, prepare a performance report for management. (If variance is zero, select "Not Applicable" and enter 0 for the amounts.)

Actual Results	Flexible Budget Variance	Flexible Budget	Sales Volume Variance	Static Budget
Unit Sales			FavorableNot ApplicableUnfavorable			FavorableUnfavorableNot Applicable
Total variable expensesSales revenueTotal fixed expensesVariable overheadOperating incomeVariable expensesDirect materialDirect laborContribution marginSelling and administrativeFixed expensesc01q_egrade_1_31_part_2_dropdown_192_resp_1	$	$	UnfavorableNot ApplicableFavorable	$	$	FavorableUnfavorableNot Applicable	$
AddLessc01q_egrade_1_31_part_2_dropdown_211_resp_1: Sales revenueDirect materialVariable overheadTotal variable expensesVariable expensesFixed expensesOperating incomeSelling and administrativeDirect laborContribution marginTotal fixed expensesc01q_egrade_1_31_part_2_dropdown_212_resp_1
Sales revenueVariable expensesDirect materialDirect laborSelling and administrativeVariable overheadFixed expensesOperating incomeTotal variable expensesTotal fixed expensesContribution marginc01q_egrade_1_31_part_2_dropdown_213_resp_3			Not ApplicableUnfavorableFavorable			Not ApplicableUnfavorableFavorable
Direct materialVariable expensesTotal variable expensesSelling and administrativeVariable overheadOperating incomeSales revenueTotal fixed expensesContribution marginFixed expensesDirect laborc01q_egrade_1_31_part_2_dropdown_231_resp_4			FavorableUnfavorableNot Applicable			Not ApplicableUnfavorableFavorable
Contribution marginTotal fixed expensesFixed expensesTotal variable expensesSales revenueSelling and administrativeOperating incomeVariable expensesDirect materialDirect laborVariable overheadc01q_egrade_1_31_part_2_dropdown_248_resp_5			UnfavorableNot ApplicableFavorable			FavorableUnfavorableNot Applicable
Selling and administrativeDirect laborFixed expensesTotal fixed expensesSales revenueContribution marginTotal variable expensesVariable expensesOperating incomeDirect materialVariable overheadc01q_egrade_1_31_part_2_dropdown_265_resp_6			UnfavorableFavorableNot Applicable			UnfavorableNot ApplicableFavorable
Contribution marginOperating incomeOverheadTotal variable expensesVariable expensesFixed expensesTotal fixed expensesDirect materialSales revenueDirect laborSelling and administrativec01q_egrade_1_31_part_2_dropdown_282_resp_7			UnfavorableFavorableNot Applicable			Not ApplicableUnfavorableFavorable
LessAddc01q_egrade_1_31_part_2_dropdown_299_resp_1: Sales revenueDirect laborOverheadTotal variable expensesContribution marginTotal fixed expensesSelling and administrativeOperating incomeFixed expensesVariable expensesDirect materialc01q_egrade_1_31_part_2_dropdown_300_resp_2
Variable expensesSelling and administrativeFixed expensesOperating incomeTotal fixed expensesOverheadSales revenueDirect materialDirect laborTotal variable expensesContribution marginc01q_egrade_1_31_part_2_dropdown_301_resp_8			FavorableNot ApplicableUnfavorable			UnfavorableFavorableNot Applicable
Direct materialFixed expensesDirect laborSales revenueTotal fixed expensesSelling and administrativeTotal variable expensesContribution marginOverheadOperating incomeVariable expensesc01q_egrade_1_31_part_2_dropdown_317_resp_9			FavorableNot ApplicableUnfavorable			UnfavorableFavorableNot Applicable
Direct laborDirect materialOverheadTotal variable expensesContribution marginTotal fixed expensesFixed expensesSelling and administrativeOperating incomeSales revenueVariable expensesc01q_egrade_1_31_part_2_dropdown_333_resp_10			UnfavorableNot ApplicableFavorable			UnfavorableNot ApplicableFavorable
Direct laborDirect materialTotal variable expensesTotal fixed expensesOperating incomeFixed expensesContribution marginSales revenueOverheadSelling and administrativeVariable expensesc01q_egrade_1_31_part_2_dropdown_348_resp_11	$	$	FavorableNot ApplicableUnfavorable	$	$	Not ApplicableFavorableUnfavorable	$

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