Barnes Entertainment Corporation prepared a master budget for the month of November that was based on sales of 153,700 board games. The budgeted income statement for the period is as follows. Sales Revenue $2,612,900 Variable expenses Direct materials $707,020 Direct labor 368,880 Variable overhead 430,360 Total variable expenses 1,506,260 Contribution margin 1,106,640 Fixed overhead 253,300 Fixed selling and administrative expenses 508,400 Total fixed expenses 761,700 Operating income $344,940 During November, Barnes produced and sold 191,000 board games. Actual results for the month are as follows. Sales Revenue $3,236,900 Variable expenses Direct materials $868,100 Direct labor 472,600 Variable overhead 545,300 Total variable expenses 1,886,000 Contribution margin 1,350,900 Fixed overhead 271,900 Fixed selling and administrative expenses 508,400 Total fixed expenses 780,300 Operating income $570,600 Collapse question part (a-b)

(a) Prepare a flexible budget for November. (Round unit answers to 2 decimal places, e.g. 5.25 & all other answers to 0 decimal places, e.g. 125.) Unit 191,000 games Direct materialFixed expensesVariable expensesTotal fixed expensesVariable overheadOverheadDirect laborContribution marginSelling and administrativeTotal variable expensesOperating incomeSales revenue $ $ LessAdd : Fixed expensesContribution marginDirect laborSelling and administrativeTotal fixed expensesOperating incomeDirect materialVariable expensesSales revenueTotal variable expenses Selling and administrative Sales revenue Variable expenses Fixed expenses Direct material Direct labor Total variable expenses Overhead Total fixed expenses Variable overhead Operating income Contribution margin Variable expenses Selling and administrative Direct labor Overhead Operating income Variable overhead Total fixed expenses Direct material Total variable expenses Contribution margin Sales revenue Fixed expenses Direct material Sales revenue Direct labor Total fixed expenses Overhead Operating income Selling and administrative Variable expenses Variable overhead Total variable expenses Contribution margin Fixed expenses Contribution marginDirect materialFixed expensesSales revenueSelling and administrativeTotal variable expensesVariable expensesOverheadTotal fixed expensesOperating incomeDirect laborVariable overhead Sales revenueSelling and administrativeTotal variable expensesTotal fixed expensesOperating incomeVariable overheadContribution marginFixed expensesVariable expensesDirect materialDirect laborOverhead $ LessAdd : Variable expensesOperating incomeDirect materialTotal variable expensesSelling and administrativeDirect laborContribution marginSales revenueFixed expensesTotal fixed expenses Variable expenses Total variable expenses Selling and administrative Total fixed expenses Direct material Sales revenue Direct labor Fixed expenses Contribution margin Overhead Operating income Variable overhead Total fixed expenses Contribution margin Sales revenue Total variable expenses Direct labor Variable expenses Direct material Variable overhead Selling and administrative Operating income Fixed expenses Overhead Total variable expensesOperating incomeContribution marginVariable expensesFixed expensesTotal fixed expensesOverheadDirect materialSelling and administrativeSales revenueDirect laborVariable overhead Variable expensesContribution marginDirect materialDirect laborVariable overheadSelling and administrativeTotal variable expensesFixed expensesOverheadSales revenueTotal fixed expensesOperating income $

(b) Calculate Barness static budget variance for November. (Round answers to 0 decimal places, e.g. 125. Enter all variance amounts as positive values. If variance is zero, select "Not Applicable" and enter 0 for the amounts.) Actual Results Static Budget Variance Static Budget Unit Sales FavorableUnfavorableNot Applicable Contribution marginTotal fixed expensesTotal variable expensesFixed expensesOverheadDirect laborSelling and administrativeVariable expensesDirect materialOperating incomeSales revenue $ $ UnfavorableNot ApplicableFavorable $ LessAdd : Direct laborOperating incomeVariable expensesTotal variable expensesContribution marginTotal fixed expensesDirect materialFixed expensesSelling and administrative Direct labor Contribution margin Fixed expenses Selling and administrative Variable overhead Total fixed expenses Direct material Total variable expenses Operating income Sales revenue Variable expenses Not ApplicableUnfavorableFavorable Fixed expenses Selling and administrative Direct material Direct labor Total fixed expenses Total variable expenses Operating income Sales revenue Contribution margin Variable expenses Variable overhead UnfavorableNot ApplicableFavorable Operating income Sales revenue Selling and administrative Variable expenses Direct material Direct labor Fixed expenses Total fixed expenses Variable overhead Contribution margin Total variable expenses FavorableNot ApplicableUnfavorable Variable overheadSales revenueTotal fixed expensesOperating incomeDirect laborFixed expensesContribution marginVariable expensesSelling and administrativeDirect materialTotal variable expenses UnfavorableFavorableNot Applicable Selling and administrativeDirect materialTotal variable expensesTotal fixed expensesDirect laborOverheadContribution marginSales revenueOperating incomeVariable expensesFixed expenses UnfavorableNot ApplicableFavorable AddLess : Selling and administrativeDirect laborVariable expensesOperating incomeTotal variable expensesContribution marginFixed expensesTotal fixed expensesDirect material Direct material Operating income Overhead Direct labor Total variable expenses Contribution margin Sales revenue Fixed expenses Variable expenses Selling and administrative Total fixed expenses UnfavorableFavorableNot Applicable Total variable expenses Direct labor Contribution margin Overhead Sales revenue Variable expenses Selling and administrative Fixed expenses Total fixed expenses Operating income Direct material Not ApplicableFavorableUnfavorable Variable expensesDirect materialContribution marginFixed expensesSelling and administrativeDirect laborOverheadTotal variable expensesTotal fixed expensesOperating incomeSales revenue UnfavorableNot ApplicableFavorable Selling and administrativeTotal fixed expensesOverheadSales revenueVariable expensesDirect materialFixed expensesDirect laborTotal variable expensesOperating incomeContribution margin $ $ FavorableUnfavorableNot Applicable $