O Required information [The following information applies to the questions displayed below] Brodrick Company expects to produce 20,000 units for the year ending December 31. A flexible budget for 20,000 units of production reflects sales of $400,000; variable costs of $80,000; and fixed costs of $150,000. If the company instead expects to produce and sell 26,000 units for the year, calculate the expected level of income from operations. ...Flexible Budget at - ----Flexible Budget ----- Variable Cost Amount per + Total Fixed 20,000 units 26,000 units Unit $ Sales Variable cost Contribution margin Fixed costs Income from operations 400,000 $ (80,000) 320,000 520,000 (104,000) 416,000 $ 0.00 320,000 416,000 Required information [The following information applies to the questions displayed below) Brodrick Company expects to produce 20,000 units for the year ending December 31. A flexible budget for 20,000 units of production reflects sales of $400,000; variable costs of $80,000; and fixed costs of $150,000. Assume that actual sales for the year are $480,000 (26,000 units), actual variable costs for the year are $112,000, and actual fixed costs for the year are $145,000 Prepare a flexible budget performance report for the year. BRODRICK COMPANY Flexible Budget Performance Report For Year Ended December 31 Flexible Budget Actual Results Variances Favorable! Unfavorable Contribution margin