JS Davis, Managerial Accounting, 3e Help | System Announcements CALOR ATOH PRINTER VERSION Question 1 Marigold Entertainment Corporation prepared a master budget for the month of November that was based on sales of 155,200 board games, The budgeted Income statement for the period is as follows. Sales Revenue $2,320,000 Variable expenses Direct materials $651,840 Direct labor 372,480 Variable overhand 434.560 Total variable expenses 1,450,880 Contribution margin 069.120 Fixed overhead 251,100 Flood selling and administrative expenses 504,400 Total fixed expenses 765,500 Operating Income $113,620 During November, Marigold produced and sold 104,900 board games. Actual results for the month are as follows. Sales Revenue 52.762,200 Variable expenses Direct materials $765,580 Direct Inbor 460.160 Variable overhead 529,620 Total variable expanpes 1,755,960 8:12 PM There to search eBUS 108 Chi6 Review Flash. x Course Hero * & My Drive - Google Drive + edugen.wileyplus.com/edugen/lti/main.uni PLUS Davis, Managerial Accounting, 3e Help | System Announcements CALCULATOR PAINTER WASION SOURCES Contribution margin 1,006,240 work Fixed overhead 278,600 Fixed selling and administrative expenses 504,400 Total fixed expenses 783,000 Operating income $223.240 by Study (a] Prepare a flexible budget for November, (Round unit answers to 2 decimal places, e.p. 5.25 & all other answers to 0 decimal places, ag. 125.) Unit 184,900 games e 9 Type here to searchHomework WhyPLUS QBUS 108 Ch 6 Review Flashy X Course Here & My Drive - Google Drive + a edugen.wileyplus.com/edugen/iti/main,uni yPLUS Davis, Managerial Accounting, 30 Help | System Announcements PRINTER VERSION MEX RESOURCES omework sulin by Study (b) Calculate Marigold's static budget variance for November. (Round answers to 0 decimal places, e.g. 125. Enter all vance amounts as positive values, If variance to zero, select "Not Applicable" and enter o for the amounts.) Actual Results Static Budget Variance Static Budget Unit Sales Type hare to search e M 9wileyplus.com/edugen/lti/main.uni S Davis, Managerial Accounting, 3e Help | System Announcements CALCULATOR PRINTER VERSION BACK LINK TO TEXT LINK TO VIDEO Based on the available Information, prepare a performance report for management. (If variance is zero, select "Not Applicable" and eater o for the amounts.) Actual Flexible Budget Flexible Sales Volume Static Results Variance Budget Variance Budget Unit Sales e A $13 PM tre to search