The Utica Company produces engine parts for car manufacturers A new accountant intern at Utica 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. 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) Flexible Actual Results 105,000 Flexible Budget Variance Budget Units sold $ Revenues (sales) Variable costs Contribution margin 672,000 445,000 Fixed costs 227,000 139,000 88.000 $ Operating income Choose from any list or enter any number in the input fields and then click Check Answer. ? 8 parts remaining Clear All Check Answer Utica Company produces engine parts for car manufacturers. A new accountant intern at Utica has dentally deleted the company's variance analysis calculations for the year ended December 31, 2020, following table is what remains of the data, i Data Table Static Budget 94.000 Performance Report, Year Ended December 31, 2020 Flexible- Sales Actual Budget Flexible Volume Results Variances Budget Variances 105,000 Units sold Revenues (sales) $672,000 Variable costs 445,000 Contribution margin 227,000 Fixed costs 139,000 Operating income $ 88,000 $ 385,400 197 400 188,000 100,000 $ 88,000