As part of the budgeting process, Wickham Company developed the master budget for June. The manager, Alex, is in understanding the actual results for June. Master Budget Flexible Budget Actual Results For June For June For June Sales volume (in units) 25,000 20.000 Sales $1,250,000 $ - $1,000,000 Variable expenses 600.000 512.000 Contribution margin 650,000 488.000 Capacity-related (fixed) costs 450,000 458,000 Operating profit $ 200.000 $ 30.000 The flexible budget will report $ allfor the capacity-related (fixed) costs. O $458,000 $450,000 $572,500 O $360,000