Complete the responsibility report for ZB Industries by calculating the flexible budget variances. Enter the absolute value for all variances. Round final answers to the nearest whole number. Use the option list provided in the last column to select whether the variances are favorable or unfavorable. Each answer choice may be used once, more than once, or not at all. Actual results Flexible budget Variance Favorable, unfavorable, or no variance 123 19,000 B 123 !! $1,520,000 1. Units sold 19,000 2. Revenues $1,550,000 Variable costs: 3. Direct materials $(792,000) 4. Direct labor $(250,000) 5. Variable overhead $(142,000) 123 E $(760,000) 123 $(266,000) 123 $(147,529) 123 6. Contribution margin $366,000 $346,471 123 7. Fixed costs $(210,000) $(212,000) 123 B 8. Operating income $156,000 $134,471