Swifty Entertainment Corporation prepared a master budget for the month of November that was based on sales of 197,700 board games. The budgeted income statement for the period is as follows.

Sales Revenue				$3,163,200
Variable expenses
Direct materials		$968,730
Direct labor		375,630
Variable overhead		652,410
Total variable expenses				1,996,770
Contribution margin				1,166,430
Fixed overhead		211,000
Fixed selling and administrative expenses		421,000
Total fixed expenses				632,000
Operating income				$534,430

During November, Swifty produced and sold 157,000 board games. Actual results for the month are as follows.

Sales Revenue				$2,431,000
Variable expenses
Direct materials		$757,100
Direct labor		284,500
Variable overhead		507,400
Total variable expenses				1,549,000
Contribution margin				882,000
Fixed overhead		198,000
Fixed selling and administrative expenses		436,000
Total fixed expenses				634,000
Operating income				$248,000

Calculate Swiftys static budget variance for November.

Actual Results Static Budget Variance Unit Sales Sales revenue $ Less : Variable expenses Direct labor Direct material Variable overhead II Odlldll Total variable expenses LII. Tudo o Contribution margin Less V: Fixed expenses Selling and administrative V Overhead Total fixed expenses Operating income $ $ Static Budget COANN DAME TA $ ta DLO, DINO