Leaming Activity 4 Actual Results Static Budget Variances Static Budget Units sold 15,000 2,000 -F 13,000 Revenue $720,000 109,000 F $611,000 Variable Cost 555,000 100,000 - F 455,000 Contribution margin 165,000 9,000 - F 156,000 Fixed Cost 85,000 3,000 - F 82,000 Operating Income $80,000 6,000 - F $74,000 Leaming Activity 4 Actual Results Static Budget Variances Static Budget Units sold 15,000 2,000 -F 13,000 Revenue $720,000 109,000 F $611,000 Variable Cost 555,000 100,000 - F 455,000 Contribution margin 165,000 9,000 - F 156,000 Fixed Cost 85,000 3,000 - F 82,000 Operating Income $80,000 6,000 - F $74,000