Question 44 (1 point) A company uses a static budget approach and the previous management accountant calculated the following information: Fixed costs variance $10,000 U; revenues variance $400,000 F: contribution margin variance $60,000 F. What is the total static- budget variance? $50,000 F $390,000 F $230,000 F $230,000 U $50,000 U It establishes which people should be targeted as potential customers. Question 46 (1 point) The cash payback period is calculated by dividing the annual cash inflow by the cost of the capital investment the longer the payback period the more attractive the investment. technique is a quick way to calculate a project's net present value. method is frequently used as a screening tool but it does not take into consideration the long-term profitability of a project