Quon aplatta QUESTION 1 USE THE FOLLOWING INFORMATION TO ANSWER PROBLEMS 12, 11.1, 1.b and 1.5.1 You are given the following information: Actual Results 150,000 Static Budget 200,000 Units sold Contribution margin Fixed costs 225,000 155,000 $ 70,000 260,000 150,000 $ 110,000 Operating income The standard contribution margin per unit is $1.3. Required: 1.a The Flexible Budget variance for fixed costs is $ QUESTION 2 Problem 1.1. The variance type in problem 1. above la: Favarmblo ( Unfavorable (U) QUESTION 4 1. b The Sales Volume Variance for operating income is $ QUESTION 5 Problem 1.b. 1. The variance type in problem 1.b above is: O Favorable (F) O Unfavorable (U) QUESTION 6 Problem 1.b workings Please insert your workings in the answer box below For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). B 1 ] Paragraph Arial V V SI 14px 111