James Manufacturing had the following information available for July: Flexible Actual Budget Results Variance 13,000 ? $13,000F Sales Flexible Activity Budget Variance ? 2,0000 ? ? Master Budget ? Units Sales revenue Less: Variable manufacturing costs Variable marketing and administrative Contribution margin $87,750 ? $52,000 $91,000 ? $ 3,2500 ? ? $4,000F $6,0000 $105,000 $ 30,000 ? What was James's flexible budget contribution margin for July? Multiple Choice o $52,000. o $45,000. o $39,000. o $58,000