Ch 21 Ex 1 i Saved 3 Complete the following partial flexible budget performance report, and indicate whether each variance is favorable or unfavorable. The company budgets a selling price of $91 per unit and variable costs of $32 per unit. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.) 5 points eBook For Month Ended June 30 Sales " Hint Variable costs Contribution margin Fixed costs Income Print References Flexible Budget Performance Report Flexible Budget (12,800 units) Actual Results (12,800 units) Variances Favorable/Unfavorable $ 25,200 Favorable 371,000 755,200 290,000 305,000