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Learning Activity 4 Actual Results Static Budget Variances Static Budget 15,000 13,000 Units sold Revenue $720,000 $611.000 Variable Cost 555.000 455.000 Contribution margin 165,000 156,000

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Learning Activity 4 Actual Results Static Budget Variances Static Budget 15,000 13,000 Units sold Revenue $720,000 $611.000 Variable Cost 555.000 455.000 Contribution margin 165,000 156,000 Fixed Cost 85.000 82.000 $80,000 $74.000 Operating Income Learning Activity 4 Static Budget (BP'BQ) Sales Volume Variance Flexible Budget (BP*AQ) Flexible Budget Variance Actual Results (AP'AQ) Units sold 13,000 15,000 15,000 Revenue $611,000 $720,000 Variable Cost 455.000 555.000 Contribution margin 156,000 165,000 Fixed Cost 82.000 82,000 85.000 Operating Income $74.000 $80.000

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