Use this flexible budget report for questions 7-11 Flexible Actual Budget Results Sales $960,000 $972,000 Variable costs $192,000 $240,000 contribution margin 768000 732000 fixed costs 500000 490000 Net Income 268000 242000 What is the sales variance an is it favorable or unfavorable? O neither favorable or unfavorable $12,000 favorable There is no variance $12000 unfavorable