26) Nappon Co has two products

Nappon Co, has two products named X and Y. The firm had the following master budget for the yearjust completed: Product X Product Y Total Sales $262,566 $364,666 $626,566 Variable Costs 264,595 145,666 356,195 Contribution Margin $ 57,965 $218,466 $276,365 Fixed costs 136,666 168,666 238,666 Operating Income (Loss) $(72,635) $116,466 $ 38,365 Selling Price per unit $ 126 $ 65 [ The following actual operating results were reported after the year was over: Product X Product Y Total Sales $364,866 $544,866 $969,666 Variable Costs 237,166 222,666 459,166 Contribution Margin $127,766 $322,866 $456,566 Fixed costs 146,666 114,666 254,666 Operating Income (Loss) $(12,399) $268,866 $195,599 Units Sold 1,599 8,566 The selling price variance for Product Y is: (Round your intermediate calculation to 2 decimal places.)