Complete the flexible budget variance analysis by filling in the blanks in the partial flexible budget performance report for 9,000 travel locks for Grant, Inc.
GRANT, INC.
Flexible Budget Performance Report (partial)
For the Month Ended April 30, 2018

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Flexible Budget Actual Flexible Results Variance Budget Units 9,000 (a) 9,000 $ 126,000 (c) $ 108,000 Sales Revenue (b) 52,300 Variable Costs (d) (e) 50,300 73,700 Contribution Margin (f) (g) 57,700 (1) (k) $ 42,800 Fixed Costs 16,100 (h) 14,900 $ 57,600 Operating Income