Zenefit Corporation sold laser pointers for $11 each in 2017. Its budgeted selling price was $12 per unit. Other information related to its performance is given below: (Click the icon to view the information.) (Click the icon to view the partially completed performance report.) Calculate Zenefit's flexible-budget and sales-volume variances for (a) revenues, (b) variable costs, (c) fixed costs, and (d) operating income. Begin with the flexible-budget variance column, then the sales-volume variance column. Label each variance as favorable (F) or unfavorable (U). (For variances with a $0 balance, make sure to enter "O" in the appropriate field. If the variance is zero, do not select a label.) Flexible-Budget Sales-Volume Actual Flexible Static Results Variance Variance Budget Budget 28,000 28.000 27,500 Units sold Revenues (sales) 308,000 $ 336,000 $ 330,000 - X More Info 84,000 90,000 82,500 Variable costs Contribution margin 218,000 252.000 247,500 55,000 58,000 58,000 Fixed costs Actual Budgeted 194,000 $ 163,000 189,500 Operating income Units made and sold 28,000 27,500 Variable costs 90,000 $3 per unit Fixed costs 55,000 58,000 $ Done Print