Top managers of Root industries predicted 2024 sales of 14,500 units of its product at a unit price of 57.00 . Actual sales for the year were 14,100 units at $12,50 each. Variablo conts were budgeted at $2.80 per unit, and actual variable costs were $2.90 per unit. Actual fied costs of $47,000 exceeded budgeted fored conts by $3.000. Prepare Roors fexible budget performance report What variance contributed most to the years favorable resuls? What cassed this varince? Prepare a fexible budget performance report for the yeac. First, complete the fexble budgel pertormance report through the contribution margin line, then complete the recar through the coerating inoome line. Finally, compute the total variances. (Enter a "o" lor any zero balances. For any so varlances, leave the Favorable (F),Untavorable (U) irput blank.)