values.

	Actual	Flexible Budget Variance	Flexible Budget	Sales-Volume Variance	Static Budget
Revenue	$207,000	$Answer	AnswerFavourableUnfavourable	$Answer	$12,800	U	$Answer
Variable Costs	$Answer	$Answer	AnswerFavourableUnfavourable	$32,420	$Answer	AnswerFavourableUnfavourable	$20,400
Contribution Margin	$148,000	$24,180	U	$Answer	$24,820	U	$197,000
Fixed Costs	$Answer	$0		$79,100	$0		$Answer
Operating Income	$68,900	$24,180	U	$Answer	$24,820	U	$117,900
Units Produced and Sold	8,900	0		Answer	Answer	AnswerFavourableUnfavourable	12,500