James Manufacturing had the following information available for July: Actual Flexible Sales Flexible Master Budget Activity Results Budget Variance Variance Budget Units 10,000 ? 2,000 U ? Sales revenue ? $ 19,500 F ? ? ? Less: Variable $ 89,250 $ 95.000 ? $ 117,000 manufacturing costs Variable marketing ? $ 7,750 U ? and administrative $ 8,500 F $ 36,000 Contribution margin $ 55,000 ? ? $ 6,600 U? What was James's flexible budget contribution margin for July? $37.500 $44.100 $ $55,000 $61,600