Zoar Corporation sold laser pointers for $20 each in 2017. Its budgeted selling price was $25 per unit. Other information related to its performance is given below: i (Click the icon to view the information.) A .) (Click the icon to view the partially completed performance report.) Calculate Zoar'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.) Actual Flexible Sales-Volume Flexible-Budget Variance x Variance Reference Results 28 400 Static Budget 28.200 Budget 28,400 Units sold Revenues (sales) $ S $ 710,000 142,000 Flexible 568,000 95,000 705,000 141,000 Sales-Volume Static Actual Flexible-Budget Results Variances 28,400 Variable costs Contribution margin Fixed costs Variances Budget 28,400 Budget 28, 200 473,000 56,000 568,000 61,000 564,000 81,000 Unils sold $ $ 568,000 95,000 $ 417.000 507,000 710,000 142,000 705,000 141,000 Operating income S 503,000 Revenues (sales) S Variable costs Contribution margin - X 568,000 More Info 473,000 55,000 564,000 61,000 Fixed costs 61,000 S 417,000 $ 507.000 $ 503.000 Operaling income Actual 28,400 Units made and sold Variable costs Fixed costs Budgeted 28,200 S5 per unit $ 95,000 $ 56,000 $ $ 61,000 Print Done Print Done Time Remaining: 01:28:36 Next