The 2018 meter (s) budget for sumes that the bakery will 250 wedding cakes. Unfortunancy, lily ordy sold 600wedding cake during the year Based on the figures given below. prepeatedebudget and analyze the variances bebe cen the master budget and the hele budget Adivity Variance Mato (Static) Budget Flex Budget Sie in units) GOO Slo Revenue 2 17 250.000 Los Variable manufacturing costs 12 2 Variable zling and administrative costs 2 12 Jotvarable cat 150 000 Contribution margin 2 1921 100 000 Fixed costs Manufacturing and selline/administrative $10.000 0000 1. What are the total sales revenues per the flexible budget (how did you calculate it?) 2. What is the contribution margin per the flexible budget(how did you calculate it?) 3. What is the amount of profit per the flexible budget (how did you calculate it?) 4. What is the total sales variance amount for PROFIT between the master budget and the flexible budget and is it favorable (f) or unfavorable (u)