$$290,500,$ and the actual total fixed costs were $$52,000.$$$290,500,$ and the actual total fixed costs were $$52,000.$

Read the requirements.

Requirement $1.$ Prepare a performance report with a flexible budget and a static budget.

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

Actual

Results

Units sold

Revenues

Variable costs

Contribution margin

Fixed costs

Operating income

Requirements

Prepare a performance report with a flexible budget and a static budget.

Comment on the results in requirement $1.$

Read the requirements.

Requirement $1.$ Prepare a performance report with a flexible budget and a static budget.

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

Actual

Results

Units sold

Revenues

Variable costs

Contribution margin

Fixed costs

Operating income