Check my work 2 Bay City Company's fixed budget performance report for July follows. The $440,000 budgeted total xpenses include $300,000 variable expenses and $140,000 fixed expenses. Actual expenses include $130,000 fixed expenses 167 points Actual Variances Fixed Badget Results ,900 Sales (in units) Sales (in dollars) Total expenses Income from operations Skipped 480,000 $436,100 $43,900U -40,000 408,000 3,000 r 140,000 s 28,100 $11,900 - eBock Prepare a flexible budget performance report that shows any variances between budgeted results and actual results. List fixed and variable expenses separately. Print References BAY CITY COMPANY Flexible Budget Performance Report For Month Ended July 31 Flexible budget Actual results Variances Fav Unf Contribution margin Prev2 of 6 Next>