The following information pertains to the month of August. As part of the budgeting process, Alloway's Fencing Company developed the following static budget for August. Alloway is in the process of preparing the flexible budget and understanding the results. Flexible Actual Results 30,000 Budget Static Budget 25,000 $1,500,000 744,000 $1,250,000 600.000 $ Sales volume (in units) Sales revenues Variable costs Contribution margin Fixed costs Operating profit 756,000 $ 650.000 $ 458,000 $ 298,000 450.000 $ 200,000 for variable costs. The flexible budget will report 5744,000 $600,000 D$480,000 5720,000 Cannot be determined with the information given