Exercise 21-3 Preparation of a flexible budget performance report LO P1 taire Company's fxed budget performance report for June follows. The $675,000 budgeted expenses Fixed Budget Actual Results Variances include $738,000 variable expenses and $63,000 fixed expenses. Actual expenses include $75,000 fixed expenses 11,400 900,000 $1,140,000 $240,000 F $225,000 342,000 $117,000 F Sales (in units) 9,000 Sales (in dollars) Total expenses 675,000 798,000 123,000U Income from operations Prepare a flexible budget performance report showing any variances between budgeted and actual results List fixed and variable expenses separately SOLITAIRE COMPANY Flexible Budget Performance Report For Month Ended June 30 Favorable/ Unfavorable Flexible Budget Actual Results Variances Contribution margin