Click Corporation sold laser pointers for $15 each in 2017. Its budgeted selling price was $16 per unit. Other information related to its performance is given below. Actual Budgeted 27,700 Units made and sold $ Variable costs Fixed costs 28,100 112.000 57,000 $2 per unit 58,000 $ S Calculate Click's static-budget variance for (a) revenues, (b) variable costs, (c) fixed costs, and (d) operating income. 100 Begin by determining all of the actual amounts, then the static budget arounts, and finally the static-budget variances. Label each variance as favorable (F) or unfavorable (U). Actual Static Static-Budget Results Budget Variance Units sold Revenues Variable costs Contribution margin Fixed costs Operating income