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question 209

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Answer the following questions using the information below:
As part of the budgeting process,Lillee's Petanque Company developed the following static budget for August.Lillee is in the process of preparing the flexible budget and understanding the results.The actual results are for the month of August.
 Actual  Flexible  Static  Results  Budget  Budget  Sales volume (in units)  2000025000 Sales revenues $1000000$$1250000 Variable costs 512000$600000 Contribution margin 488000$650000 Fixed costs 458000$450000 Operating profit $30000$$200000\begin{array}{lrlr}&\text { Actual } & \text { Flexible } & \text { Static } \\&\text { Results } & \text { Budget } & \text { Budget }\\\text { Sales volume (in units) } & 20000 &\underline{\quad\quad} & 25000 \\& & & \\\text { Sales revenues } & \$ 1000000 & \$ & \$ 1250000 \\\text { Variable costs } & \underline{512000} & \$ \underline{\quad\quad}& \underline{600000} \\& & & \\ \text { Contribution margin } & 488000 & \$ & 650000 \\& & &\\\text { Fixed costs } & 458000 & \$ \underline{\quad\quad}& 450000 \\\text { Operating profit } & \$ 30000 & \$ \underline{\quad\quad}& \$ 200000\end{array}
-The flexible budget will report ________ for the fixed costs.


Definitions:

Child Molesters

Individuals who sexually abuse minors, typically referring to the perpetrator being significantly older than the victim.

Guilt

A feeling of responsibility or remorse for some offense, crime, wrong, either real or imagined.

Same-Sex Rape

Acts of sexual assault or rape where both the perpetrator and the victim are of the same sex, an issue often underreported and needing greater awareness.

Child Molestation

The act of an adult engaging in sexual activities with a child.

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