Sheffield Entertainment Corporation prepared a master budget for the month of November that was based on sales of 181,900 board games. The budgeted income statement for the period is as follows. $3.092.300 $818,550 272,850 563,890 Sales Revenue Variable expenses Direct materials Direct labor Variable overhead Total variable expenses Contribution margin Fixed overhead Fixed selling and administrative expenses Total fixed expenses Operating income 1,655,290 1,437,010 233,000 443.000 676,000 $761,010 During November, Sheffield produced and sold 150,700 board games. Actual results for the month are as follows. $2,458,900 $664,850 212.550 456,770 Sales Revenue Variable expenses Direct materials Direct labor Variable overhead Total variable expenses Contribution margin Fixed overhead Fixed selling and administrative expenses Total fixed expenses Operating income 1,334,170 1.124.730 220,000 458.000 678,000 $446,730 (a-b) (a) Prepare a flexible budget for November. (Round unit answers to 2 decimal places, e.g. 5.25 & all other answers to O decimal places, eg. 125.) Unit 150,700 games $ $ (b) Calculate Sheffield's static budget variance for November. (Round answers to 0 decimal places, e.g. 125. Enter all variance amounts as positive values. If variance is zero, select "Not Applicable" and enter Ofor the amounts.) Actual Results Static Budget Variance Unit Sales $ $ $ e Textbook and Media Assistance Used Save for Later Attempts: 0 of 3 used Submit Answer Id)