Bonita Entertainment Corporation prepared a master budget for the month of November that was based on sales of 193, 100 board games. The budgeted income statement for the period is as follows. Sales Revenue $3,282,700 Variable expenses $830,330 347,580 Direct materials Direct labor Variable overhead Total variable expenses Contribution margin 559.990 1.737.900 1.544,800 Fixed overhead 228,000 Fixed selling and administrative expenses 438.000 Total fixed expenses 666,000 Operating income 5878.800 During November, Bonita produced and sold 159.900 board games. Actual results for the month are as follows. $2,620,300 Sales Revenue Variable expenses Direct materials Direct labor $675,670 274, 120 Variable overhead 453,710 Total variable expenses Contribution margin 1.403,500 1,216,800 Fixed overhead 215,000 Fixed selling and administrative expenses 453,000 Total fixed expenses 668,000 Operating income $548,800 125) Unit 159,900 games $ > > > s (b) Calculate Bonitas static budget variance for November (Round answers to decimal places, 125. Enter all variance amounts as positive values i variance is zero, select 'Not Applicable and enter for the amounts.) (a) Prepare a flexible budget for November. (Round unit answers to 2 decimal places, es 5.25 & all other answers to decimal places, eg. 125) Unit 159.900 games > Contribution margin Variable experses Total variable expenses Fred expenses Sales revenue Seling and administrative Total foxed expenses Direct material Variable overhead Operating Income Direct labor Overhead (b) Calculate Bonita's static budget variance for November (Round answers to decimal places, s. 125. Enter all variance amounts as positive values. If variance is zero, select "Not Applicable and enter for the amounts) Actual Results Static Budget Variance Unit Sales Actual Results Static Budget Variance Static Budget