Total dollar amounts are in in thousands. Original Static Budget Actual Static Budgt Variance (Actual - Static) Units 200,000 180,000 -20,000 Revenue $41,240 $37,476 ($3,764) U Variable Costs: Materials Flash Memory 5,400 5,249 ($151) F Application process 2,150 1,935 ($215) F Chips - phone 2,810 2,529 ($281) F Gyroscope 520 468 ($52) F 8 other chips 14,190 12,643 ($1,547) F Supplies and tools 12,507 11,305 ($1,202) F Subtotal Materials $37,577 $34,129 ($3,448) F Labor Assembly & packaging 2,622 3,092 $470 U Shipping 212 191 ($21) F Variable Costs (total) $40,411 $37,412 ($2,999) F Fixed Costs (total) 729 736 $7 U Total Costs $41,140 $38,148 ($2,992) F Net Income $100 ($672) ($772) U