Nina Company prepared the following fixed budget for July using 7,680 units for budgeted sales. Actual sales were 7,380 units and Prepare a flexible budget performance report for July at activity level of 7,380 units. Show variances between budgeted and actual amounts. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.) Prepare a flexible budget performance report for July at activity level of 7,380 units. Show variances between budgeted and actual a flexible budget performance report for by selecting favorable, unfavorable, or no variance.)