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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

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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) 11 000 21,500 Sales revenues $670,000 5559 000 Variable costs 256.000 300.000 Contribution margin $414000 $259.000 Fixed costs 237,000 236 000 Operating profit $177 000 $23.000 The flexible budget for sales revenues will be O A 5286,000 OB. 5670.000 OC. $580,500 D. 5559.000 Click to select your

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