Ne lext Direction El Align Text Convert to SmartArt Paragraph AZZ Find Arrange Quick Styles Drawing Shape Fill 2 Shape Outline Shape Effects Replace Select Editing Homework: Actual Results Static Budget Variances Units sold 10,000 12,000 Revenue $1,850,000 $2,160,000 1.120.000 Variable Cost 1.188 000 Contribution margin 730,000 972,000 Fixed Cost 705.000 710 000 $25.000 $262.000 Operating Income EICUT Drawing Editing Homework: Static Budget Variances Flexible Budget Variances Actual Results Units sold 12,000 10,000 10,000 Revenue $2,160,000 $1,850,000 Variable Cost 1,188,000 1.120.000 Contribution margin 972,000 730,000 Fixed Cost 710.000 705 000 $262.000 Operating Income $25.000