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:

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 "0" in the appropriate field. If the variance is zero, do not select a label.)

0 More Info B Units made and sold Variable costs Fixed costs Actual 28,000 90,000 55,000 udgeted 27,500 $3 per unit 58,000 $ i Reference Actual Results 28,000 Flexible-Budget Variances Flexible Budget 28,000 Sales-Volume Variances Static Budget 27,500 Units sold Revenues (sales) $ $ 308,000 90,000 336,000 84,000 330,000 82.500 Variable costs Contribution margin 218,000 55,000 252,000 58,000 Fixed costs 247,500 58,000 189,500 163,000 194,000 Operating income Actual Results 28,000 Flexible-Budget Variance Sales-Volume Variance Flexible Budget 28,000 336,000 84,000 Static Budget 27,500 $ Units sold Revenues (sales) Variable costs Contribution margin $ 308,000 90,000 330,000 82,500 218,000 55,000 163,000 252,000 58,000 194,000 JI000 Fixed costs 247,500 58,000 Operating income $ 189,500