Ned Finkle, the business manufacturer for ice-cream products, is pleased that more pounds of ice cream were sold than budgeted and that revenues went up. Unfortunately, variable manufacturing costs went up, too. The bottom line is that contribution margin declined by $48,000, which is less than 3% of the budgeted revenues of $1,809,600. Overall Finkel feels that the business is running fine.

Please fill in the following:

	Actual Results	Flexible Budget Variances	Flexible Budget	Sales Volume Variances
Units (pounds)	360,000	0	348,000	?
Revenues	1,839,600	30,000 U	1,809,600	?
Variable mfg costs	1,423,500	30,000 U	1,322,400	?
Contribution Margin	$780,000	60,000 U	487,200	?

	Actual Results	Static Budget
Units (pounds)	360,000	348,000
Revenues	$1,839,600	$1,809,600
Variable manufacturing costs	$1,400,400	$1,322,400
Contribution margin	$439,200	$487,200