ABC Company has provided the following information regarding June 2021 results. Revenue and Cost Actual Results Formula ($) Direct materials $3.25/unit 7,000 Salaries $8,000 7,600 Utilities $600 + $0.50/unit 1,550 Rent $5,000 5,000 Miscellaneous $800 + $0.80/unit 2,500 Required: Prepare the company's flexible budget performance report assuming that 2,000 units of product were manufactured for the month ended 31 May 2021. Determine favorable (F) or unfavorable (UF) differences