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. Actual Results Flexible Budget Static Budget Sales volume (in units) 12,000 15,500 Sales revenues $590,000 $558,000 Variable costs 256,000 $ 300,000 Contribution margin $334,000 $ $258,000 Fixed costs 231,000 $ 232,000 Operating profit $103,000 $ $26,000 The flexible budget for sales revenues will be? O A. $558,000 B. $573,500 OC. $432,000 OD. $590,000 er