Question $8\mathrm{.}3($Total: $25$ marks$)$ Java the Hut, Inc., sells two types of coffee, Colombian and Blue Mountain. The monthly budget for U$.$S$.$ coffee sales is based on a combination of last year's performance, a forecast of industry sales, and the company's expected share of the U$.$S$.$ market. The following information is provided for March: Budgeted and actual fixed corporate$-$sustaining costs are $\backslash (\backslash$$ $60,000\backslash )$ and $\backslash (\backslash$$ $72,000\backslash ),$ respectively. Required $1.$ Calculate the actual contribution margin for the month. $2.$ Calculate the contribution margin for the static budget. $3.$ Calculate the contribution margin for the flexible budget. $4.$ Determine the total static$-$budget variance, the total flexible$-$budget variance, and the total salesvolume variance in terms of the contribution margin.