Exercise 21-3 Preparing a flexible budget performance report P1 Solitaire Company's fixed budget performance report for June follows. The $315.000 bodgeted expenses include $294,000 variable expenses and $21.000 fixed expenses. Actual expenses include $27,000 fixed expenses. Prepare a flexible budget performance report showing any variances between budgeted and actual results. List fixed and variable expenses separately Faxed Budget Actual Results Variances 8.400 10.800 Sales in units Sales in dollars) $420,000 $540,000 5120.000F Total expenses 315.000 370.000 63.000U $105.000 $162.000 Income from operations 5.57.000 F Check income once 521000