Frog Company's planning budget calls for production and sale of 12,000 units for total sales of $48,000 ($4/ unit); variable costs of $24,000 ($2/unit); and fixed costs of $16,000. During the most recent period, the company incurred $24,000 of variable costs to produce and sell 15,000 units resulting in sales of $64,000. During the same period, the company earned $25,000 of operating income. Copy the table below and insert it into your answer window. Then fill in your numbers. Be sure to indicate whether variances are favorable (E) or unfavorable (U). Te Rev. and Actual Spending Results Variance 15,000 Flexible Budget Activity Variance Planning Budget Unit Sales 15,000 12,000 Sales Variable Costs Contribution Margin Fixed Costs Operating Income