Top managers of Juda Industries predicted 2018 sales of 14,400 units of its product at a unit price of $6.50. Actual sales for the year were 14,300 units at $11.50 each. Variable costs were budgeted at $2.10 per unit, and actual variable costs were $2.20 per unit. Actual fixed costs of $49,000 exceeded budgeted fixed costs by $5,500. Prepare Juda's flexible budget performance report. What variance contributed most to the year's favorable results? What caused this variance? Juda Industries Flexible Budget Performance Report For the Year Ended December 31, 2018 Budget Amounts Actual Per Unit Results Flexible Budget Variance Sales Volume Variance Flexible Static Budget Budget 14,300 14,400 Units Sales Revenue Variable Costs Contribution Margin 14,300 92,950 30,030 6.50 2.10