Op managers of Preston Industries predicted 2018 sales of 15,100 units of its product at a unit price of $7.00. Actual sales for the year were 14,800 units at $11.50 each. Variable costs were budgeted at $2.70 per nit and actual variable costs were $2.80 per unit. Actual fixed costs of $46,000 exceeded budgeted fixed costs by $5,000 repare Preston's flexible budget performance report. What variance contributed most to the year's favorable results? What caused this variance? For the Year Ended December 31, 2018 1 2 3 4 5 (1)-(3) (3) - (5) Budget Flexible Sales Amounts Actual Budget Flexible Volume Static Per Unit Results Variance Budget Variance Budget Units Sales Revenue Variable Costs Contribution Margin Choose from any list or enter any number in the input fields and then click Check Answer Clear All Check Answer 3 parts remaining 49 Type here to search 11. 5:14 PM 10/14/2020