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 50 balance, make sure to enter "O" in the appropriate field. If the variance is zero, do not select a label.) Actual Flexible-Budget Flexible Sales-Volume Static Variance Variance Budget X Results 28.000 Budget 28,000 Reference Units sold 27.500 Revenues (sales) S s $ s 308,000 90.000 336,000 84,000 330.000 82.500 Actual Flexible-Budget Flexible Sales-Volume Static Variable costs Contribution margin JUUID Results Variances 00000 Variances 218,000 55,000 247.500 252.000 58,000 Budget 28.000 Budget 27.500 58.000 Units sold 28,000 Fixed costs S 163,000 S 194,000 s 189,500 Revenues (sales) $ $ $ Operating income 308,000 90.000 336.000 84.000 330.000 82.500 Variable costs Contribution margin 218,000 55,000 252,000 58,000 247.500 58.000 - X Fixed costs More Info $ 163,000 $ 194,000 $ 189.500 Operating income Actual Budgeted 28.000 27.500 Print Done Units made and sold Variable costs Fixed costs $ 90.000 $3 per unit 58.000 $ $ 55,000 S Print Done