Pair Company has two products named X and Y. The firm had the following master budget for the year just completed: Sales Variable Costs Contribution Margin Fixed costs Operating income (Loss) Selling Price per unit Product X $ 280,000 168,000 $ 112,000 130,000 $ (18,000) $ 130 Product Y $ 380,000 190,000 $ 190,000 108,000 $ 82,000 $ 60 Total $ 660,000 358,000 $ 302,000 238,000 $ 64,000 The following actual operating results were reported after the year was over: Sales Variable costs Contribution Margin Fixed costs Operating income (Loss) Units Sold Product x $ 203,040 116,000 $ 87,040 140,000 $ (52,960) 1,504 Product Y $ 314,500 140,000 $ 174,500 108,000 $ 66,500 8,500 Total $ 517,540 256,000 $ 261,540 248,000 $ 13,540 The selling price variance for Product X is