Question Help 17-3 (similar to) Red Corporation sold laser pointers for $19 each in 2017. Its budgeted selling price was $18 per unit. Other information related to its performance is given below Click the icon to view the information) Click the icon to view the partially completed performance report) Calculate Reds flexible-budget and sales volume variances for (a) revenues) variable costs. (c) fed costs, and operating income Begin with the flexible budget variance column, then the sales volume variance column. Labelcach variance as favorable or unfavorable (U). (For variances with a 50 ano, make sure to enter in the appropriate fold. If the variance is zero, do not select a label) Actual Flexible-Budget Flexible Results Variance Budget Reference Units sold 28.100 28.100 Revenues (sales) $ 633.900 $ 505 800 Actual 115.000 Flexible-Budget 140,500 Flexible Stato Sales-Volume Variable costs Results Variances Budget Variances Budget Contribution margin 365300 418.000 28.100 2,100 28.500 53,000 Usod 55,000 Food costs 5 Revenues 53,300 505,800 365.000 5 $ 513.000 5 310.300 Operating income 315.000 50.500 142.500 Variable costs Condomar 365,300 370.500 More into 53,000 55.000 55.000 Fordoosts 305.00 5 315.500 Operating 31300 Print Done Und and sold Variable costs Foxed cost Actual 28.100 115.000 63.000 Budgeted 28.500 55 per un S 55.000 S Clear Check