Problem 6-27 (Part Level Submission) Barnes Entertainment Corporation prepared a master budget for the month of November that was based on sales of 159,900 board games. The budgeted income statement for the period is as follows.

Sales Revenue				$2,398,500
Variable expenses
Direct materials		$687,570
Direct labor		239,850
Variable overhead		415,740
Total variable expenses				1,343,160
Contribution margin				1,055,340
Fixed overhead		251,400
Fixed selling and administrative expenses		501,600
Total fixed expenses				753,000
Operating income				$302,340

During November, Barnes produced and sold 182,600 board games. Actual results for the month are as follows.

Sales Revenue				$2,728,400
Variable expenses
Direct materials		$772,480
Direct labor		288,400
Variable overhead		486,360
Total variable expenses				1,547,240
Contribution margin				1,181,160
Fixed overhead		273,200
Fixed selling and administrative expenses		501,600
Total fixed expenses				774,800
Operating income				$406,360

(a-b) (a) Prepare a flexible budget for November. (Round unit answers to 2 decimal places, e.g. 5.25 & all other answers to 0 decimal places, e.g. 125.)

	Unit	182,600games
	$	$
:
	$
:
		$

(b) Calculate Barness static budget variance for November. (Round answers to 0 decimal places, e.g. 125. Enter all variance amounts as positive values. If variance is zero, select "Not Applicable" and enter 0 for the amounts.)

		Actual Results		Static Budget Variance		Static Budget
Unit Sales
		$		$		$
:
:
		$		$		$

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