Ricard Packing Products asks you to compare Net Income for the company's Flexible Budget with the Actual Results. Consider the following:

Planned sales: 10,000 units with a sale price = $50.00

Actual sales: $495,000 with a sale price = $55.00

Contribution margin %: Plan = 32.0%; Actual = 34.0%

Fixed expenses: Plan = $90,000; Actual = $120,000

Compute the change in Net Income between the Flexible Budget and Actual Results.

Group of answer choices

A. Decrease income $5,700

B. Increase income $12,300

C. Decrease income $14,000

D. Increase income $48,300