Top managers of Juda Industries predicted 2024 sales of 15,200 units of its product at a unit price of $8.50. Actual sales for the year were 14,900 units at $11.00 each. Variable costs were budgeted at $2.60 per unit, and actual variable costs were $2.70 per unit. Actual fixed costs of $45,000 exceeded budgeted fixed costs by $5,000. Prepare Juda'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 Juda Industries Flexible Budget Performance Report For the Year Ended December 31, 2024 1 2 3 4 5 (1)-(3) (3)-(5) Budget Flexible Amounts Actual Budget Per Unit Results Variance Flexible Budget Sales Volume Variance Static Budget