A company produced and sold 13,000 units this period. The company budgets a selling price of $90 per unit and variable costs of $62 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 Variable costs Contribution margin Fixed costs Income Flexible Budget Performance Report Flexible Budget Actual Results Variances (13,000 units) (13,000 units) Favorable or Unfavorable $ 277,600 Unfavorable 520,000 364,000 212,000 216,400