Prepare a Variance Analysis by generating the Flexible Budget and Actual Performance. Calculate the Price and Spending Variances. 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 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 Variable Administrative Costs. 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 Variable Administrative Costs. Question 11: Enter the Spending Variance for Fixed Mnfg. Overhead. Question 12: Enter the Spending Variance for Fixed Marketing Costs. Question 13: Enter the Spending Variance for Fixed Administrative Costs. Odessa, Inc., reports the following information concerning operations for the most recent month: Budgeted Quantities, Actual Quantities, Prices, & Costs Prices, & Costs Units 540 600 Selling Price per liter $150.00 $160.00 DM Cost per unit $20.00 $22.40 DL Cost per unit $28.00 $24.00 Variable Mnfg per unit $14.00 $16.00 Variable Marketing per unit $9.00 $9.60 Variable Administrative per unit $8.50 $8.00 Fixed Mnfg Overhead $4,665 $4,800 Fixed Marketing $10,000 $9,900 Fixed Administrative $9,100 $9,300