Osage, Inc., manufactures and sells lamps. The company produces only when it receives orders. Therefore, the company has no inventories, AND, units produced equals units sold. The following information is available. Lamps (units) Selling Price per liter DM Cost per unit DL Cost per unit Variable Mnfg Overhead per unit Variable Marketing per unit Fixed Mnfg Overhead Fixed Marketing Fixed Administrative Actual Quantities, Budgeted Quantities, Prices, & Costs Prices, & Costs 450,000 $11.00 $3.20 $0.61 $1.50 $1.05 $988,800 $288,000 $204,000 480,000 $10.00 $3.00 $0.70 $1.30 $1.00 $960,000 $300,000 $180,000 Question 1: For the Flexible Budget, enter Contribution Margin. Question 2: For the Flexible Budget, enter Operating Profit. Question 3: For Actual Performance, enter Contribution Margin. Question 4: For Actual Performance, enter Operating Profit. Enter Favorable Variance as Positive Number, Unfavorable Variance as Negative Number. Question 5: Enter the Price Variance for Revenue. Question 6: Enter the Spending Variance for Direct Materials 4 Question 7: Enter the Spending Variance for Direct Labor. Question 8: Enter the Spending Variance for Variable Mnfg. Overhead. Question 9: Enter the Spending Variance for Variable Marketing Costs. Question 10: Enter the Spending Variance for Fixed Mnfg. Overhead. Question 11: Enter the Spending Variance for Fixed Marketing Costs. Question 12: Enter the Spending Variance for Fixed Administrative Costs.