QUESTION 1 USE THE FOLLOWING INFORMATION TO ANSWER PROBLEMS Ia, Ixl, 1.b and 1.1.1 You are given the following information: Actual Results 150,000 Static Budget 200,000 Units sold Contribution margin Fixed costs Operating income 225,000 155,000 $ 70,000 260,000 150,000 $ 110,000 The standard contribution margin per unit is $1.3. Required: 1.a The Flexible Budget variance for operating income is $ ... QUESTION 3 Problem 1.a. 1. The wiosce type in problem 1 above le O Favornble> Unfavorable (U) QUESTION 4 1. b The Sales Volume Variance for operating income is $ QUESTION 5 Problem 1.b. 1. The variance type in problemn 1.b above is: Favorable (F) Unfavorable (U)