A company produced and sold 12,600 units this period. The company budgets a selling price of $82 per unit and variable costs of $54 per unit. Complete this period's partial flexible budget performance report, and identify each variance as favorable or unfavorable. Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Current period Sales Flexible Budget Performance Report Flexible Budget (12,600 units) Actual Results Favorable or Unfavorable Variances (12,600 units) $ 168,960 Unfavorable 504,000 Variable costs Contribution margin Fixed costs Income 352,800 207,200 211,440