The Beekman Company produces engine parts for car manufacturers. A new accountant intern at Beekman has accidentally deleted the calculations on the company's variance analysis calculations for the year ended December 31. The following table is what remains of the data. B (Click the icon to view the data.) Required Requirement 1. Calculate all the required variances. (If your work is accurate, you will find that the total static-budget variance is $0.) Begin with the flexible budget columns and then the sales volume variance column. Label each variance as favourable (F) or unfavourable (U). (For variances with a $0 balance, make sure to enter "0" in the appropriate field. If the variance is zero, do not select a label. Round your answers to the nearest whole dollar.) Actual Flexible-Budget Flexible Results Variance Budget Units sold 106,000 Revenues (sales) $ 683,700 475,000 Variable costs Contribution margin 208,700 Fixed costs 149,800 $ 58,900 Operating income Year Ended December 31 Flexible- Budget Flexible Sales- Volume Actual Static Results Variances Budget Variances Budget 94,000 106,000 Units sold Revenues (sales) 683,700 475,000 385,400 211,500 Variable costs Contribution margin 208,700 149,800 173,900 115,000 Fixed costs Operating income 58,900 $ 58,900