2 Required information 14.28 points Use the following information for the Quick Study below. (Algo) (The following information applies to the questions displayed below.) X 01:55:17 The fixed budget for 20,800 units of production shows sales of $582,400; variable costs of $62,400; and fixed costs of $141,000. Skipped QS 21-4 (Algo) Flexible budget performance report LO P1 eBook The company's actual sales were 27,000 units at $710,000. Actual variable costs were $113,700 and actual fixed costs were $133,000. Hint Prepare a flexible budget performance report. Indicate whether each variance is favorable or unfavorable. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.) Print Flexible Budget Performance Report Flexible Budget Actual Results Variances Favorable/ Unfavorable References Contribution margin 0 0 $ 0 $ 0