The following information pertains to the month of Augnt. As part of the budgeting processShelley Company developed the following static budet for Apunt Shelley Company is in the process of preparing the flexible budget and understanding the results State Flexible Budet Sales volume in it Salese Variable costs Actual Results S07000 51.500.000 7244000 Budet 25.000 $1.250,000 200.000 756.000 $ 650.000 Contribution margin 5 458.000 $298.000 460.000 3190.000 Fixed costs Opetit profit $ for foxed cost The flexible budget will report $10.00