Mo' Joe Coffee Houses budgeted sales of 120,000 units of its premier coffee at $3.50 per unit for the year ended December 31, 20X4, and anticipated a contribution margin ratio of 25% with fixed costs of $50,000. Actual results reflected intense price competition resulting in reduced sales (90,000 units). Unit selling price fell to $2.80, and increased costs reduced contribution margins to 20%. Actual fixed costs materialized at $55,000. The actual financial and volume results displayed in comparison to the master budgets are as follows: Master Budget Actual Variance Sales 420,000 252,000 (168,000) Variable costs 315,000 201,600 113,400 Contribution Margin 105,000 50,400 (54,600) Fixed costs 50,000 55,000 (5,000) Operating income 55,000 (4,600) (59,600) Units Sold 120,000 90,000 Contribution margin ratio 25% 20% Selling price $3.50 $2.80 If Mo' Joe elects to analyze its results using a flexible budget format, what is the flexible budget variance relative to operating income