Flexible budget, Direct Cost Variances Example 1) (ELAM) company The company's operating budget for 2011 included these data: Number of units Selling price per unit Variable cost per unit Fixed costs for the year The actual results for 2011 were: Number of units Selling price per unit 4,000 $ 20 $ 10 $10,000 2,000 $ 18 Variable cost per unit Fixed costs for the year $ 8 $15,000 A. Prepare a static-budget-based variance analysis of 2011 performance B. Prepare a flexible-budget-based variance analysis for the company.