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Complete the flexible budget variance analysis by filling in the blanks in the partial flexible budget performance report for 8,000 units for product Z. Sales

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Complete the flexible budget variance analysis by filling in the blanks in the partial flexible budget performance report for 8,000 units for product Z. Sales were budgeted at $29.00 per unit and were actually sold at $27.45. Variable costs were budgeted to be $18.00 per unit and actually results were $22.60 per unit. Fixed costs were budgeted at $14,880 and actually came in at $16,230. Indicate whether the variances were Favorable (F), Unfavorable (U), or No Variance (N). Flexible Budget Performance Report Actual Results Flexible Budget Variance Flexible Budget Units Sales Revenue Variable Costs Contribution Margin Fixed Costs Operating Income

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