Problem 10 (10 points) The Sarasota Corporation manufactures two types of vacuum cleaners, the Victor for nmercial building use and the House-Mate for residences. Budgeted and actual operating data for the year 2012 were as follows Static Budget Number sold Contribution margin Total House Mate 20,000 $3,000,000 $4,500,000 Victor 25,000 5,000 $1,500,000 Actual Results umber sold Contribution margin Victor Total 32,000 $3,920,000 $5,200,000 House-Mate 4,000 $1,280,000 What is the contribution margin for the flexible budget? A) $1,200,000 B) $4,200,000 C) $5,200,000 D) $5,400,000 What is the total static-budget variance in terms of the contribution margin? A) $900,000 favorable B) $700,000 favorable C) $200,000 unfavorable D) $360,000 unfavorable What is the total flexible-budget variance in terms of the contribution margin? A) $900,000 favorable B) $700,000 favorable C) $200,000 unfavorable D) $360,000 unfavorable What is the total sales-volume variance in terms of the contribution margin? A) $900,000 favorable B) $1,260,000 favorable C) $200,000 unfavorable D) $360,000 unfavorable What is the total sales-quantity variance in terms of the contribution margin? A) $200,000 unfavorable B) $900,000 favorable C) $360,000 unfavorable D) $1,260,000 favorable AACSB: Analytical skills What is the total sales-mix variance in terms of the contribution margin? A) $200,000 unfavorable B) $360,000 unfavorable C) $900,000 favorable D) $1,260,000 favorable