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James Manufacturing had the following information available for July: ...

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Accounting

James Manufacturing had the following information available for July:

Actual Results Flexible Budget Variance Flexible Budget Sales Activity Variance Master Budget
Units 10,000 ? 2,000 U ?
Sales revenue ? $ 19,500 F ? ? ?
Less:
Variable manufacturing costs $ 89,250 $ 95,000 ? $ 117,000
Variable marketing and administrative ? $ 7,750 U ? $ 8,500 F $ 36,000
Contribution margin $ 55,000 ? ? $ 6,600 U ?

What was Jamess flexible budget contribution margin for July?

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