of $$49,000$ exceeded budgeted fixed costs by $$2,000.$

Prepare Juda Industries' flexible budget performance report. What variance contributed most to the year's favorable results? What caused this variance?

Label the variance as favorable $($F$)$ or unfavorable $($U$),$ in the input field after the amount you enter. For any $$0$ variances, leave the Favorable $($F$)/$Unfavorable $($U$)$ input field blank.$)$