The actual information pertains to the third quarter. As part of the budgeting process, the Duck Decoy Department of Wooden Figurines Incorporated had developed the following static budget for the third quarter. Duck Decoy is in the process of preparing the flexible budget and understanding the results. Complete the Flexible Budget for the Company Actual Results 13.000 Flexible Budget Static Budget 12.000 Sales volume (in units) $ Sales revenues Variable costs $257,500 154.000 $ $240,000 180.000 Contribution margin 103,500 $ 60,000 Fixed costs Operating profit 50.500 $ $ 53.000 49.500 $ 10.500 $