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Strategic Tech Company manufactures components used in video games. The 2019 operating budget is based on sales of 4,000 units at $100 per table. Budgeted

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Strategic Tech Company manufactures components used in video games. The 2019 operating budget is based on sales of 4,000 units at $100 per table. Budgeted variable costs are $70 per unit and budgeted fixed costs are $30,000. Actual sales were 4, 100 units at $104 each. Actual variable costs were $60 per unit and fixed costs totaled $37,000 Prepare a Level 2 Variance Analysis Report with both flexible-budget and sales-volume variances - also indicate if the variances are Favorable or Unfavorable. Also, what are the Static Budget, Flexible Budget, and Sales Volume variances? Actual Results Variances ? Budget Variances Static Budget Units sold Sales Variable costs Contribution margin Fixed costs Operating income

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