A company reports the follow performance report for the month Actual Results Sales (units) Elxed budget 100 Sales (dollars) $80,000 Variable Costs 36,000 Contribution margin 44,000 Fixed Costs 20,000 Which of the following statements is true? Multiple Choice Net income has a favorable variance of $6,000 Sales has an unfavorable variance of $25.000 140 $105,000 54,600 50,400 20,400 Contribution margin has a favorable variance of $400 none of the above