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

Note: Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.

$\backslash$table$[[,,$Fixed Budget,Actual Results$],[$Sales $($units produced and sold$),1,280,],[\backslash$table$[[$Sales $($in dollars$)],[$Variable costs$]],$$$700,$er unit,$$1,095,000$