ing Enabled Exam 3 Lewis Company reports the following fixed budget and actual results for May Prepare a flexible budget performance report variances between budgeted and actual results (Indicate the effect of the variance by selecting favorable, unfavorable, o variance.) Sales (units produced and sold) Sales in dollars) Variable costs Flend costs 1,400 11,300 per unit $520 per unit $155.000 1,600 $7,326,000 863,000 $142,000 LEWIS COMPANY For Month Ende May 31 Sales Flexible Budget Performance Report Fleable Bulger Actual Rasus 1 GOD units) 1.600 units) Variances Favorable/Unfavorable