Nappon Co. has two products named X and Y. The firm had the following master budget for the year just completed: Sales Variable Costs Contribution Margin Product X Product Y $260,000 $360,000 Total $620,000 $104,000 156,000 180,000 $180,000 336,000 $284,000 Fixed costs 130,000 108,000 238,000 Operating Income (Loss) $(26,000) $ 72,000 $ 46,000 Selling Price per unit $ 130.00 $ 60.00 The following actual operating results were reported after the year was over. Product X Product Y Sales Variable Costs Contribution Margin Fixed costs Units Sold $202,500 $467,500 Total $670,000 117,000 212,500 $ 85,500 $255,000 329,500 $340,500 140,000 108,000 Operating Income (Loss) $(54,500) $147,000 248,000 $92,500 1,500 8,500 The contribution margin sales volume variance for Product X is: Multiple Choice $26,000 unfavorable. $40,000 unfavorable. $30,000 unfavorable. $26,000 favorable. $65,000 favorable