Winston Co. had two products code named X and Y. The firm had the following budget for August: Sales Variable Costs Contribution Margin Fixed costs Operating Income Selling Price per unit Product X $200,000 88,000 $112,000 12,000 $100,000 100 Product Y $488,000 234, 240 $253,760 100,000 $153,760 $ 50 Total $688,000 322, 240 $365,760 112,000 $253,760 On September 1, the following actual operating results for August were reported: Sales Variable Costs Contribution Margin Fixed costs Operating Income Units Sold Product X $362,000 197,500 $164,500 52,500 $112,000 3 3,000 Product Y $495,000 218,500 $276,500 110,500 $166,000 9,000 Total $857,000 416,000 $441,000 163,000 $278,000 Total industry volume for both products X and Y was estimated to be 130,000 units at the time of the budget. Actual industry volume for the period for products X and Y was 100,000 units. The selling price variance for Product Y is: Multiple Choice $21,600 unfavorable. $18,000 favorable. $25,000 unfavorable. $45,000 favorable. $45,000 unfavorable