Rooney Manufacturing Company established the following standard price and cost data:

Sales price	$ 9.00	per unit
Variable manufacturing cost	$ 3.90	per unit
Fixed manufacturing cost	$ 2,800	total
Fixed selling and administrative cost	$ 800	total

Rooney planned to produce and sell 2,400 units. Actual production and sales amounted to 2,700 units.

Assume that the actual sales price is $8.75 per unit and that the actual variable cost is $4.25 per unit. The actual fixed manufacturing cost is $2,200, and the actual selling and administrative costs are $840.

Required

a. Determine the flexible budget variances

\begin{tabular}{|l|l|} \hline Sales \\ \hline Variable manufacturing \\ \hline Contribution margin \\ \hline Fixed manufacturing \\ \hline Fixed selling and administrative cost \\ \hline Net income (loss) \\ \hline \end{tabular}