TI7-1 (similar to) Beam Corporation sold laser pointers for $13 each in 2017. Its budgeted selling price was $15 per unit. Other information related to its performance is given below: Actual Budgeted Units made and sold Variable costs Fixed costs Calculate Beam's static-budget variance for (a) revenues, (b) variable costs, (c) fixed costs, and (d) operating income. 28,000 100,000 57,000 27,800 $2 per unit 58,000 Begin by determining all of the actual amounts, then the static budget amounts, and finally the static-budget variances. Label each variance as favorable (F or unfavorable (U) Actual Results Units sold Revenues Variable costs Contribution margin Fixed costs Operating income