Douglas Company provided the following budgeted information for the current year Sales price Variable manufacturing cost Fored manufacturing cost Foed selling and administrative cost $ 50 per unit 32 per unit $ 100.000 total $ 40.000 total Douglas predicted that sales would be 20.000 units, but the sales actually were 22,000 units. The actual sales price was $48.50 per unit, and the actual variable manufacturing cost was $33 per unit. Actual fired manufacturing cost and foxed selling and administrative cost were $104,000 and $39.000, respectively Required: Using the form below, prepare a flexible budget show actual results, calculate the flexible budget variances and indicate whether the variances are favorable (F) or unfavorable (U) Flexible Budget Actual Results Flexible Budget Favorable or Variance unfavorable Number of units xx,000 xx,000 0 Sales Revenue $ X,X00,000 $ X,XXX,00 $ xx,000 xxx,000 XXX,000 xx,000 Xxx,000 CA xxx,000 CA xx,000 Variable manufacturing costs Contribution margin Fixed manufacturing cost Fixed selling and administrative cost xxx,000 xxx,000 x,000 xx,000 xx,000 x,000 Net income XXX,000 GA xxx,000 A xx.000