The actual information pertains to the month of June. As part of the budgeting process, Colonial Fencing Company developed the following static budget for September. Colonial is in the process of preparing the flexible budget and understanding the results. The flexible budget for sales revenues will be?

Actual Flexible Static

Results Budget Budget

Sales volume (in units) 19,000 20,500

Sales revenues $510,000 $ $615,000

Variable costs 256,000 $ ________ 300,000

Contribution margin $254,000 $ 315,000

Fixed costs 235,000 $ ________ 228,000

Operating profit $19,000 $ $87,000

Select one:

a. $510,000

b. $615,000

c. $570,000

d. $635,500