Edwards and Bell market a single line of home computers, dubbed the XL-98. The master budget for the coming year contained the following items: sales revenue, $381,000; variable costs, $251,500; fixed costs, $100,300. Actual results for the year were as follows: sales revenue, $361,500; variable costs, $225,300; fixed costs, $95,600. The flexible-budget operating income for the year was $35,300. a. What is the total master (static) budget variance in operating profit for the period? b. What portion of the total master (static) budget variance is attributable to actual sales volume being different from planned sales volume? c. What portion of the total variance is due to a combination of selling price and costs (variable cost per unit and total fixed costs) being different from budgeted amounts? a. Total master (static) budget variance b. Sales volume vanance c. Flexible-budget variance The Ace Company sells a single product at a budgeted selling price per unit of $72. Budgeted fixed manufacturing costs for the coming period are $22,000, while budgeted fixed marketing expenses for the period are $30,000. Budgeted variable costs per unit include $14 of selling expenses (commission) and $16 of manufacturing costs. What is the budgeted operating income if the anticipated sales volume for the period is (1) 11,200 units, and (2) 16,200 units? Budgeted Operating Income (1) 11,200 units (2) 16,200 units