Quindo Table Company manufactures tables for schools. The 2015 operating budget is based on sales of 44,000 units at $55 per table. Operating income is anticipated to be $220,000. Budgeted variable costs are $35 per unit, while fixed costs total $660,000. Actual income for 2015 was a surprising $477,000 on actual sales of 46,000 units at $57 each. Actual variable costs were $33 per unit and fixed costs totaled $627,000. Required: Prepare a variance analysis report with both flexible-budget and sales-volume variances. Quindo Table Company Variance Analysis Flexible Variances Volume Actual Results Flexible Budget Variances Sales-Static Units soldA) B) C) D) Sales F) G) H) Variable K) L) M) costs O) Contribution margin Fixed costsU) Operating T) 660.000 660,000 W) X) Y) z) $220.000 ncome