Lewis Co. reports the following results for May. Prepare a flexible budget report showing variances between budgeted and actual results.

	Budgeted						Actual
Sales		$	1,150	per unit			$	1,828,000
Variable expenses		$	460	per unit			$	726,000
Fixed expenses (total)		$	150,500				$	139,000
Units produced and sold			1,370					1,570

List variable and fixed expenses separately. (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance)