Brodrick Company expects to produce 21,400 units for the year ending December 31. A flexible budget for 21,400 units of production reflects sales of $642,000; variable costs of $64,200; and fixed costs of $141,000. Assume that actual sales for the year are $760,000 (26,900 units), actual variable costs for the year are $113,100, and actual fixed costs for the year are $137,000. Prepare a flexible budget performance report for the year. BRODRICK COMPANY Flexible Budget Performance Report For Year Ended December 31 Flexible Budget Actual Results Variances Favorable! Unfavorable Sales Variable expenses Contribution margin 0 0 Fixed expenses Income from operations $ 0 FA O