James Manufacturing had the following information available for July Flexible Budget Variance Actual Results 10,000 ? Flexible Budget 2 2 Salon Activity Variance 2,0000 2 Master Budget 2 2 $19,5007 Units Sales revenue Less: Variable manufacturing costs Variable marketing and administrative Contribution margin $89,250 $ 95,000 2 $117.000 2 $ 7,7500 7 $36.000 $55,000 $8,5007 $6,600U 2 2 2 What was James's master budget contribution margin? What was James's master budget contribution margin? Multiple Choice $37,500 $39.000 $49.900 $55.000