Revenue Actual Flexible Budget Variance Flexible Budget $ Sales Volume Variance Static Budget $9,200 U $234,000 237000 $ 138000 Variable Costs Contribution Margin $164,000 Fixed Costs 54450 Operating Income $37,430 U 50 $88,700 $37,430 U Units Produced 9,100 and Sold $35,870 $19.500 $ $25,570 $227,000 $75,300 50 $25.570 U $151,700 8.800