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Use the information below to answer the following question(s). Ames Golf Company used the following data to evaluate their current operating system. The company sells

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Use the information below to answer the following question(s). Ames Golf Company used the following data to evaluate their current operating system. The company sells 1 pack of golf balls for $10 per pack. The $10 selling price is also the budgeted selling price. Budgeted Actual Units Sold 1,000,000 990,000 Variable Costs $3,000,000 $2,500,000 Fixed Costs $1,800,000 $1,850,000 What is the actual operating income for Ames Golf Company using the actual results? $5,970,000 $5,200,000 $5,550,000 $4,750,000 What is the budgeted operating income for Ames Golf Company? $5,970,000 $5,200,000 O $4,750,000 $7,000,000 $5,550,000 What is the total static budget variance for Ames Golf Company? $450,000 unfavourable $650,000 favourable 390,000 unfavourable $350,000 favourable $400,000 favourable 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? $390,000 F $230,000 u $50,000 U $230,000 F $50,000 F

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