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Exercise 23-5 (Algo) Preparing flexible budget performance report LO P1 Nina Company prepared the following fixed budget for July using 7,880 units for budgeted sales.

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Exercise 23-5 (Algo) Preparing flexible budget performance report LO P1 Nina Company prepared the following fixed budget for July using 7,880 units for budgeted sales. Actual sales were 7,580 units and actual costs are shown below. Prepare a flexible budget performance report for July at activity level of 7,580 units. Show variances between budgeted and actual amounts. Note: Indicate the effect of each varionce by selecting fovorable, unfavorable, or no variance. Note: Indicate the effect of each variance by selecting favorable, unfovorable, or no variance

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