Beech Company produced and sold 105,000 units in May. For the level of production in May, budgeted amounts were sales, $1,300,000; variable costs, $750,000; and fixed costs, $300,000. The following actual results are available for May. Sales (105,000 units) Variable costs Fixed costs Actual Results $ 1,275,000 712,500 300,000 Prepare a flexible budget performance report for May. Indicate whether each variance is favorable or unfavorable. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.)