TOIV = Homework: Chapter 7 ... Question 1, E7-24 (simila... Part 1 of 9 > HW Score: 0% 0 of 5 points O Points: 0 of 1 Save The Amherst Company produces engine parts for car manufacturers. A new accountant inter at Amherst has accidentally deleted the calculations on the company'= variance analysis calculations for the year ended December 31, 2017. 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 50 balance, make sure to enter "o" in the appropriate field of the variance is zero, do not select a label. Round your answers to the nearest whole dollar) Actual Flexible-Budget Flexible Results Variance Budget 106,000 Units sold Revenues (sales) $ 683,700 470.000 Variable costs Contribution margin 213.700 Fixed costs 141,700 72.000 Operating income Help Me Solve This e Text Pages Get More Help Clear All Check Answer SAMSUNG Data Table Performance Report Year Ended December 31, 2017 Flexible-Budget Flexible Variances Budget Actual Static Results Sales-Volume Variances 106,000 Budget 95,000 Units sold Revenues (sales) $ $ 683.700 470,000 389,500 237,500 Variable costs Contribution margin 213.700 141,700 Fixed costs 152,000 80,000 72.000 $ 72,000 $ Operating income Print Done Je This eText Pages Ger More Help Clear AT