Lincoln Corporation used the following data to evaluate their current operating system. The company sells items for $12 each and used a budgeted selling price of $12.50 per unit. Using the information below, what is the static-budget variance of operating income? Actual Budgeted Units sold 12,000 9,500 Variable costs 40,000 29.000 Fixed costs 7,000 8,000 Actual Results Static budget Variance Static Budget Revenues ? 144,000 114,000 Variable costs 40,000 ? 29,000 Contribution margin ? 104,000 85.000 Fixed costs 7.000 ? 8,000 ? Operating income 97,000 77,000