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The Sodus Company produces engine parts for car manufacturers. A new accountant intern at Sodus has accidentally deleted the company's variance analysis calculations for the

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The Sodus Company produces engine parts for car manufacturers. A new accountant intern at Sodus has accidentally deleted the company's variance analysis calculations for the year ended December 31, 2020. The following table is what remains of the data. B (Click the icon to view the data.) Read the requirements. 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, then the sales volume variance column. Label each variance as favorable (F) or unfavorable (U). (For variances with a $0 balance, make sure to enter "O" in the appropriate field. If the variance is zero, do not select a label. Round your answers to the nearest whole dollar.) Actual Flexible Flexible-Budget Variance Results Budget 106000 Units sold 106,000 0 Revenues (sales) $ 683,700 470,000 Variable costs Contribution margin 213,700 207,700 Fixed costs $ 6,000 Operating income Data table Performance Report, Year Ended December 31, 2020 Actual Flexible-Budget Flexible Sales-Volume Results Variances Budget Variances Static Budget 106,000 91,000 Units sold Revenues (sales) $ $ 683,700 470,000 318,500 227,500 Variable costs Contribution margin 213,700 207,700 91,000 85,000 Fixed costs $ 6,000 $ 6,000 nswer Operating income

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