1 Exercise 23-4 Preparing a flexible budget performance report LO P1 5 points Xion Co. budgets a selling price of $80 per unit, variable costs of $35 per unit, and total fixed costs of $271,000. During June, the company produced and sold 10,900 units and incurred actual variable costs of $352,000 and actual fixed costs of $286,000. Actual sales for June were $895,000. Skipped Prepare a flexible budget report showing variances between budgeted and actual results. List variable and fixed expenses separately. (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance) eBook XION CO. Flexible Budget Report For Month Ended June 30 Hint Flexible Budget Actual Results Variances Fav./Unf. Print References