Vaughn Entertainment Corporation prepared a master budget for the month of November that was based on sales of 199,200 board games. The budgeted income statement for the period is as follows, Sales Revenue $2.988.000 Variable expenses Direct materials $896.400 Direct labor 398,400 Variable overhead 597,600 Total variable expenses 1.892,400 Contribution margin 1.095,600 Fixed overhead 219.000 429,000 Fixed selling and administrative expenses Total food expenses Operating income 648,000 $447,600 During November. Vaughn produced and sold 156,900 board games. Actual results for the month are as follows. Sales Revenue $2,264,500 $693,850 300,000 460,000 Variable expenses Direct materials Direct labor Variable overhead Total variable expenses Contribution margin Fixed overhead Fixed selling and administrative expenses Total fixed expenses 1,453,850 810,650 206,000 444,000 650,000 Operating income $160,650 (a) Prepare a flexible budget for November. (Round unit answers to 2 decimal places, eg. 5.25 & all other answers to decimal places, eg. 125) Unit 156,900 games Sales revenue Less: Variable expenses Direct material Direct labor Variable overhead HIDUO Total variable expenses Contribution margin Less Fredenses Overhead Selling and administrative Variable expenses y Operating income (6) Calculate Vaughn's static budget variance for November. (Round answers to decimal places, eg. 125. Enter all variance amounts as positive values. If variance is zero, select "Not Applicable' and enter O for the amounts.) Actual Results Static Budget Variance Static Budget $ ll OO DOND DIDIT TE E