Managers at Crane, Inc. were cautiously optimistic about receiving their bonuses at year-end. Periodic communications from the top noted that the sales team had been exceeding targets throughout the year, which led to steady production activity to keep pace. Managers knew that a company profit margin of 12% meant bonuses for everyone. The production crew had been managing costs well but wasn't sure where final costs would land with the sales volume higher than planned. The following information outlines actual and budgeted results for the year. Determine the flexible budget variances and sales price variance, noting the amount and sign for each. Flexible Budget Variance Sales Variable costs: Direct materials Direct labor Variable-MOH Variable SG\&A Contribution margin Fixed costs: Fixed-MOH Fixed SG\&A Operating income \begin{tabular}{|r|r} \hline 160890 \\ \hline \end{tabular} 20760 127100 Favorable Unfavorable Favorable Unfavorable Unfavorable Favorable Unfavorable Unfavorable Favorable