Using the data below, answer the following questions: a. What values go in the Flexible Budget column of the following table? Please provide values for all cells indicated with letters (U, V, W, X, Y, Z) - 6 marks 10a. Flexible Budget Table Units sold Flexible Budget Actual Budget 2,000 2,400 U Sales $100,000 $124,800 V Variable costs 60,000 69,600 Contribution margin 40,000 69,600 Fixed costs 12,000 12,400 $28,000 $42,800 IN Z b. Using the flexible budget, what is the dollar value of variable cost variance and is it favourable or unfavourable? (2 marks) c. Using the flexible budget, what is the dollar value of Fixed cost variance and is it favourable or unfavourable? (2 marks) d. Provide in one brief sentence, a possible and reasonable explanation for the variable cost variance. (1 mark) e. Provide in one brief sentence, a possible and reasonable explanation for the fixed cost variance. (1 mark) Data Set Units sold Data for Question 10 Budget Actual 2,000 2,400 Sales $100,000 $124,800 Variable costs 60,000 69,600 Contribution margin 40,000 55,200 Fixed costs 12,000 12,400 ?????? $28,000 42,800 ^