IIna Company prepared the following fixed budget for July using 7,800 units for budgeted sales. Actual sales were 7,500 units and ctual costs are shown below. repare a flexible budget performance report for July at actlvity level of 7,500 units. Show varlances between budgeted and actual mounts. (Indicate the effect of each varlance by selecting favorable, unfavorable, or no varlance.) Prepare a flexible budget performance report for July at activity level of 7,500 units. Show varlances between budgeted and actual amounts. (Indicate the effect of each varlance by selecting favorable, unfavorable, or no varlance.)