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Strauss Table Company manufactures tables for schools. The 2018 operating budget is based on sales of 20,000 units at $100 per table. Operating income is

Strauss Table Company manufactures tables for schools. The 2018 operating budget is based on sales of 20,000 units at $100 per table. Operating income is anticipated to be $120,000. Budgeted variable costs are $64 per unit, while fixed costs total $600,000. Actual income for 2018 was a surprising $354,000 on actual sales of 21,000 units. Actual variable were $60 per unit and fixed costs totaled $570,000.

Prepare a variance analysis report that includes flexible-budget variances, sales-volume variances, and total static budget variance.

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