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 Sales volume (in units) Sales revenues Variable costs Contribution margin Fixed costs Operating profit Actual Results Flexible Budget Static Budget 10,000 20,500 $690,000 $615,000 256,000 300.000 $434,000 $315,000 231,000 226,000 $203,000 $89,000 The flexible budget for sales revenues will be? O A. $615,000 O B. $300,000 OC. $690,000 OD. $635,500