1 Exercise 23-6 Preparing a flexible budget report LO P1 5 points Lewis Co. reports the following results for May. Prepare a flexible budget report showing variances between budgeted and actual results. Skipped Sales Variable expenses Fixed expenses (total) Units produced and sold Hudgeted $ 1.000 per unit $ 400 per unit $146,000 1,340 Actual $1,603,000 # 620,000 $ 136,000 1.540 Bock List variable and foed expenses separately. (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance) Pri LEWISCO Flexible Bure Performance Report For More Ended May 31 Flere Budget Actual Results Variances Favun