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K Pointer Draperies makes and sells curtains. Information related to its performance in 2020 is given below. (Click the icon to view the information.)

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K Pointer Draperies makes and sells curtains. Information related to its performance in 2020 is given below. (Click the icon to view the information.) (Click the icon to view the partially completed performance report.) Calculate Pointer Draperies' flexible-budget and sales-volume variances for (a) revenues, (b) variable costs, (c) fixed costs, and (d) operating income. Begin with the flexible-budget variance column, then the sales-volume variance column. Label each variance as favorable (F) or unfavorable (U) (For variances with a SC make sure to enter "0" in the appropriate field. If the variance is zero, do not select a labe Actual Results Flexible-Budget Variance Flexible Data table Budget Units sold i 1,300 1,300 Revenues (sales) $ 266,500 Actual 279.500 Budgeted Variable costs 164,000 144,300 Units made and sold 1,300 1,500 Contribution margin 102,500 Selling price $205 per curtain 135,200 Fixed costs 70,000 Variable costs $ 164,000 $215 per curtain $111 per curtain 71,000 Fixed costs $ 70,000 $ 71,000 $ Operating income 32,500 64,200 Print Done

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