The Kelowna Company lost the only copy of the master budget for 20x4. Management wants to evaluate this period's performance but needs the master budget to do so. Actual results for the period were as follows. KELOWNA COMPANY ACTUAL RESULTS FOR YEAR 20X4 Sales Volume 240,000 Units Sales Revenue $ 1,344,000 Variable Costs: 294,400 122,800 417,200 926,800 Manufacturing Marketing and Administrative Total Variable Costs Contribution Margin Fixed Costs: Manufacturing Marketing and Administrative Total Fixed Costs Operating Profit 410,000 226,400 636,400 290,400 $ The company planned to produce and sell 216,000 units at a price of $5 each. At that volume, the contribution margin would have been $760,000. Variable marketing and administrative costs are budgeted at 10% of Sales revenue. Manufacturing fixed costs are estimated at $2 per unit at 216,000 units. Management notes: "We originally budgeted an operating profit of 31 per unit." What is the flexible budget contribution margin? Select one: oa. $760,000 b. 5300,444 C. $216,000. d. 5844,444 The company planned to produce and sell 216,000 units at a price of $5 each. At that volume, the contribution margin would have been $760,000. Variable marketing and administrative costs are budgeted at 10% of sales revenue. Manufacturing fixed costs are estimated at $2 per unit at 216,000 units. Management notes: "We originally budgeted an operating profit of 51 per unit." What is the sales activity variance, using contribution margin to measure the variance? Select one: o a. $120,000 U. o b. $ 84,444 U. O c. $ 84,444 F. d. $120,000 F. The company planned to produce and sell 216,000 units at a price of $5 each. At that volume, the contribution margin would have been $760,000. Variable marketing and administrative costs are budgeted at 10% of sales revenue. Manufacturing fixed costs are estimated at $2 per unit at 216,000 units. Management notes: "We originally budgeted an operating profit of 51 per unit." What is the sales price variance? Select one: a. $144,000 F. b. $144,000 U. c. $264,000 U. d. $264,000 F. The company planned to produce and sell 216,000 units at a price of $5 each. At that volume, the contribution margin would have been $760,000. Variable marketing and administrative costs are budgeted at 10% of sales revenue. Manufacturing fixed costs are estimated at $2 per unit at 216,000 units. Management notes: "We originally budgeted an operating profit of 51 per unit What are the total fixed costs for the master (static) budget? Select one: O a $480,000 b. $432,000. C. $600,000 d. $544,000