Points: 0 of 5 Save Top managers of McKnight Industries predicted 2018 sales of 15,000 units of its product at a unit price of $10.00. Actual sales for the year were 14,900 units at $11.00 each Variable costs were budgeted at $2.40 per unit, and actual variable costs were $2.50 per unit. Actual fixed costs of $41,000 exceeded budgeted fixed costs by $4,600 Prepare McKnight's flexible budget performance report. What variance contributed most to the year's favorable results? What caused this variance? Units Sales Revenue Variable Costs Contribution Margin 2 4 (1)-0) )-(6) Budget Amounts Flexible Sales Actual Budget Flexible Volume Static Per Unit Results Variance Budget Variance Budget