Units sold
130,000
0
130,000
33,000
F
97,000
Revenues (sales)
$715,000
$292,500
F
$422,500
$107,250
F
$315,250
Variable costs
445,000
172,000
U
273,000
69,300
U
203,700
Contribution margin
270,000
120,500
F
149,500
37,950
F
111,550
Fixed costs
238,450
158,450
U
80,000
0
80,000
Operating income
$31,550
$37,950
U
$69,500
$37,950
F
$31,550
Part 2
Calculate the total static-budget variance to verify your work is accurate. Determine the labels and then enter the amounts to calculate the static-budget variance. (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. Abbreviation used: CM = contribution margin.)
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=
Total static-budget variance
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=