Exercise 08-4 Preparing a flexible budget performance report LO P1 Xion Co budgets a selling price of $91 per unit, variable costs of $32 per unit, and total fixed costs of $290.000. During June, the company produced and sold 12 800 units and incurred actual variable costs of $371000 and actuat foed costs of 5305.000 Actual sales for June were $1190,000 Prepare a flexible budget report showing variances between budgeted and actual results. List variable and foed expenses separately, (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance) XION CO. Flexible fudget Heport For Month Ended June 30 Flexible Budget Actual Results Variances Fav. Unt